[November 20, 2009] 'DeTe shareholders approve fixed/mobile merger in Germany' Tweet Nov 20, 2009 (DMEUROPE via COMTEX) -- The shareholders of Deutsche Telekom have approved the proposed merger between the fixed network and mobile network operations of the company in Germany. The decision was made during an extra-ordinary shareholders meeting 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) [ Back To TMCnet.com's Homepage ]