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Deutsche Telekom’s New CEO Calls for EU Rules to Boost Industry 2014-01-09 09:32:12.945 GMT
By Brian Parkin Jan. 9 (Bloomberg) -- Europe’s phone industry needs industrial policy to help it compete internationally and protect against cash-rich U.S. and Chinese companies, Deutsche Telekom’s new CEO Timotheus Hoettges said in text of statement at meeting with CSU party politicians in Wildbad Kreuth, Germany. * German regulation should ensure operators have enough funds to invest in broadband networks: Hoettges * By 2018, 85% of German households could have up to 100Mbit/s internet connections
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To contact the reporter on this story: Brian Parkin in Berlin at +49-30-70010-6229 or bparkin@bloomberg.net
To contact the editor responsible for this story: Cornelius Rahn at +49-30-70010-6212 or crahn2@bloomberg.net