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'DeTe ask for shareholder approval of fixed/mobile merger'
[November 19, 2009]

'DeTe ask for shareholder approval of fixed/mobile merger'


Nov 19, 2009 (DMEUROPE via COMTEX) -- Deutsche Telekom requests shareholder approval for the merger of T-Home and T-Mobile in Germany to create a single company in order to increase their competitiveness. Deutsche Telekom has therefore invited its shareholders to an extraordinary shareholders' meeting in Hanover on 19 November. The merger will put Deutsche Telekom in a better position to offer integrated solutions and services for fixed network and mobile communications from a single source. At the same time, the operator is continuing to focus on efficient planning and the simplification of systems and wholesale products. Deutsche Telekom has been working with a more regionally and functionally oriented focus with its new management structure since July of this year. Overall, the company expects the spin-off to generate a medium-term boost up to earnings of EUR 0.6 billion Distributed for DMeurope.com via M2 Communications (www.m2.com)

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