Report
James Ratzer
EUR 9592.00 For Business Accounts Only

Deutsche Telekom (Buy, €36, +33%) CMD feedback: Conclusions on use of capital

Deutsche Telekom’s CMD has just concluded and in this note we wrap up key learnings, in particular on time we spent with the CEO and the Head of Germany on US M&A options and German fibre rollout plans.
Underlying
Deutsche Telekom AG

Deutsche Telekom is engaged in the telecommunications services and information technology sectors. Co. operates as an integrated telecommunications provider. It is organized into four operating segments: Germany, Europe, and the United States; and Systems Solutions, as well as Group Headquarters and Shared Services. Co. provides fixed-network lines, broadband lines and mobile communications. Co. also provides customized Information and Communication Technology (ICT) solutions for corporate customers under the T-Systems brand. The Group Headquarters and Shared Services segment comprises cross-segment management functions, real estate services, and mobility solutions, among others.

Provider
New Street Research
New Street Research

Provided by our team of experienced analysts, our work is idea driven, based on independence of thought, sector expertise, and firmly focussed on fundamentals and valuation.

New Street Research is an independent, partner-owned, research firm specialising in equity and debt research. Our equity research embraces the following sectors:

  • Pan European Telecom Services and Cable
  • US Telecoms, Cable, Satellite and Towers
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  • Pan European Telecom Services and Cable


Analysts
James Ratzer

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