KPN Wouldn’t Fit Deutsche Telekom’s Strategy: Landesbank
2015-01-16 15:05:34.679 GMT
By Sam Chambers
(Bloomberg) -- Deutsche Telekom will be more likely to
diversify its business model through acquisitions in growing
mkts such as eastern Europe, Bayerische Landesbank analyst Amir
Darabi says.
* Landesbank: if DT acquired KPN, it would have to sell KPN’s
20.5% stake in Telefonica Deutschland
* Unlikely that DT would want to acquire a co. with strong
political influences
* Deal would be unlikely to receive regulatory approval
* Deal would be unlikely to receive regulatory approval</li></ul>
* KPN shrs up as much as 5.2% today after Reuters reported DT
may revive its prior interest in bidding for the co. once it
has finalized sale of EE
* NOTE: In 3Q, KPN had 50% share of Dutch wireless subscriber
mkt and DT had a 20% share: Bloomberg Intelligence data
* In Feb, Deutsche Telekom acquired T-Mobile Czech Republic
for EU828m
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Sam Chambers in London at +44-20-3525-2021 or
schambers7@bloomberg.net
To contact the editor responsible for this story:
James Ludden at +44-20-3525-2645 or
jludden@bloomberg.net
2015-01-16 15:05:34.679 GMT
By Sam Chambers
(Bloomberg) -- Deutsche Telekom will be more likely to
diversify its business model through acquisitions in growing
mkts such as eastern Europe, Bayerische Landesbank analyst Amir
Darabi says.
* Landesbank: if DT acquired KPN, it would have to sell KPN’s
20.5% stake in Telefonica Deutschland
* Unlikely that DT would want to acquire a co. with strong
political influences
* Deal would be unlikely to receive regulatory approval
* Deal would be unlikely to receive regulatory approval</li></ul>
* KPN shrs up as much as 5.2% today after Reuters reported DT
may revive its prior interest in bidding for the co. once it
has finalized sale of EE
* NOTE: In 3Q, KPN had 50% share of Dutch wireless subscriber
mkt and DT had a 20% share: Bloomberg Intelligence data
* In Feb, Deutsche Telekom acquired T-Mobile Czech Republic
for EU828m
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Sam Chambers in London at +44-20-3525-2021 or
schambers7@bloomberg.net
To contact the editor responsible for this story:
James Ludden at +44-20-3525-2645 or
jludden@bloomberg.net