Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Xetra  >  Deutsche Telekom AG    DTE   DE0005557508

DEUTSCHE TELEKOM AG

(DTE)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

EU Says Czech Mobile Network-Sharing Agreement May Harm Competition

share with twitter share with LinkedIn share with facebook
share via e-mail
0
08/07/2019 | 07:12am EDT

By Patrick Costello

The European Union said Wednesday that a network-sharing agreement between mobile operators O2 Czech Republic AS (TELEC.PR) and Deutsche Telekom's (DTE.XE) T-Mobile Czech Republic AS subsidiary may restrict competition in breach of the bloc's antitrust rules.

The operators' agreement--which facilitates the rollout of communications networks by reducing costs--has gradually expanded since its launch in 2011, the EU said.

It currently covers all mobile technologies and roughly 85% of the country's population, the EU said.

"In the present case, we have concerns that the network sharing agreement between the two major operators in Czechia reduces competition in the more densely populated areas of the country," EU Commissioner Margrethe Vestager said.

The EU said the agreement--under investigation since 2016--is likely to remove incentives for the two mobile operators to improve their networks and services rather than lead to greater efficiencies and higher service quality.

As a result, the EU said its preliminary conclusion is that the agreement restricts competition and harms innovation. The companies now have time to respond to the EU's concerns or risk facing a fine for anti-competitive behavior. The EU said there is no deadline for ending its investigation.

Write to Patrick Costello at patrick.costello@dowjones.com.

Stocks mentioned in the article
ChangeLast1st jan.
DEUTSCHE TELEKOM AG 0.43% 15.35 Delayed Quote.3.14%
DEUTSCHE TELEKOM AG 0.85% 15.378 Delayed Quote.3.77%
O2 CZECH REPUBLIC AS 0.00%End-of-day quote.0.00%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on DEUTSCHE TELEKOM AG
09/09T-MOBILE US, INC. : Entry into a Material Definitive Agreement, Financial Statem..
AQ
09/09CARCONNECT : ZTE and Deutsche Telekom make cars smarter and safer
AQ
09/06Qualcomm-Samsung axis brings 5G to the masses as Huawei struggles
RE
09/06Qualcomm-Samsung axis brings 5G to the masses as Huawei struggles
RE
09/05Deutsche Telekom 5G network goes live in five German cities
RE
08/28DEUTSCHE TELEKOM : Ericsson - Deutsche Telekom and Ericsson join forces on publi..
AQ
08/27Ericsson, Deutsche Telekom team up for industrial 5G services in Germany
RE
08/27DEUTSCHE TELEKOM : Faster surfing with the first small cell antennas for 5G
AQ
08/16Freenet threatens to derail $6.4 billion Sunrise-UPC deal
RE
08/12DEUTSCHE TELEKOM : Mobile Connect
PU
More news
Financials (EUR)
Sales 2019 79 691 M
EBIT 2019 11 371 M
Net income 2019 4 045 M
Debt 2019 74 216 M
Yield 2019 4,92%
P/E ratio 2019 17,8x
P/E ratio 2020 14,2x
EV / Sales2019 1,85x
EV / Sales2020 1,77x
Capitalization 72 930 M
Chart DEUTSCHE TELEKOM AG
Duration : Period :
Deutsche Telekom AG Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends DEUTSCHE TELEKOM AG
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 23
Average target price 16,60  €
Last Close Price 15,27  €
Spread / Highest target 27,7%
Spread / Average Target 8,67%
Spread / Lowest Target -20,8%
EPS Revisions
Managers
NameTitle
Timotheus Höttges Chairman-Management Board & CEO
Ulrich Lehner Chairman-Supervisory Board
Christian P. Illek Chief Financial Officer
Claudia Nemat Head-Technology & Innovation
Michael Sommer Member-Supervisory Board
Sector and Competitors
1st jan.Capitalization (M$)
DEUTSCHE TELEKOM AG3.77%80 239
VERIZON COMMUNICATIONS6.69%249 359
NIPPON TELEGRAPH AND TELEPHONE CORP16.22%87 718
SAUDI TELECOM COMPANY SJSC--.--%55 982
BCE INC.18.99%43 551
ORANGE0.67%41 597