Deutsche telekom B2B reorganization 01.10.2020

1

Overview

  • So what: As previously announced, DT decided to bundle its B2B Telecommunication activities in the TDG segment
  • Before: B2B Telecommunication (B2B TC) was spread across 4 DT segments - Germany, TSI, GHS and Europe
  • Rationale: Improved simplicity (less interfaces), stronger competitiveness + sales performance
  • Timeline: The reorganization is effective as of Q3/2020
  • Financial impact: Group guidance and segment guidance on a proforma basis remain unchanged.
  • Restatement:
    • Period: 2 years (2019 as a FY, 2020 by quarter)
    • Revenue, EBITDA, Capex
    • Breakdown of revenues (SR, WS revenues, …) not part of restatement, will follow with Q3 results

File: see attached

2

Reorganization in detail

  • Transfer of Telecommunication Services for business customers from TSI to Germany:
    • Telecommunication Services (TC Services) (national and international telecommunication core business): Focus on German outbound- und international Telecommunications business for large customers
    • Classified ICT (national and international business; with exception of classified IT project business):
  • Transfer of Telecom Global Carrier business to improve international telecommunication services for business customers and strengthen wholesale activities
    • Telekom Global Carrier (International Carrier Services, Commercial Roaming Services, Aviation Services) from Europe to Germany:Intercarrier business in the future steered out of segment Germany
    • Network infrastructure (development, planning, building and operation of international network infrastructure of DTAG) from GHS to Germany:Concentration of network production in segment Germany

3

NEW STRUCTURE

OLD

NEW

Systems

Services*TC

ClassifiedICT

Europe

GlobalTelecom (TGC)Carrier

T&I (GHS)

Solutions

TC Services

Classified ICT

Telecom Global Carrier (TGC)

Network Infra- structure (NWI)

Board Area: Germany

Infra-

(NWI)

Network

structure

*incl. International TC sales units

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Deutsche Telekom AG published this content on 01 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 October 2020 09:24:01 UTC