"We want to become the leading European telecommunications provider", says CEO Timotheus Höttges. Photo courtesy of Deutsche Telekom AG

Bonn, Germany - November 11, 2014

• Commitment to venture and innovation investments doubled with Deutsche Telekom Capital Partners

• T-Venture retains responsibility for follow-up investments in existing portfolio

Deutsche Telekom is to considerably expand the scope and volume of its investments in venture capital and technological innovation.

The Supervisory Board of Deutsche Telekom AG has approved the setup of a specialist team of investment managers in a newly formed company called Deutsche Telekom Capital Partners (DTCP).

Photo courtesy of Deutsche Telekom AG

Deutsche Telekom plans for DTCP to have a fund volume of EUR 500 million for a 5-year period on top of the existing investments in T-Venture.
This doubles the Group's commitment to investments in ventures and innovation.

DTCP will be one of the largest investment funds in Europe.

DTCP will also advise Deutsche Telekom on existing investments in STRATO, Interactive Media, Scout, Deutsche Telekom Innovation Pool (TIP) and T-Venture.

With Entertain, the viewer decides when it is time for a break. Photo courtesy of Deutsche Telekom AG

The venture capital fund T-Venture, established in 1998, will be closed to new investments but the team will remain on board and continue to manage the existing portfolio of around 100 companies.

T-Venture will also retain responsibility for follow-up investments within this portfolio.
New investments will be executed through DTCP.

Photo courtesy of Deutsche Telekom AG

DTCP will support Deutsche Telekom’s strategy as an external innovation engine through investments in venture capital, with a special focus on Germany’s exciting and growing start-up scene.

On top of that, DTCP will also expand its activities to include private equity investments in existing undertakings to foster operational cooperation between over-the-top companies and Deutsche Telekom.

Timotheus Höttges - Chief Executive Officer (CEO) Deutsche Telekom AG. Photo courtesy of Deutsche Telekom AG

"DTCP combines the expertise and strength of a large corporation with the agility and flexibility of a small investment company: the best of both worlds to take Deutsche Telekom forward," said Tim Höttges, CEO of Deutsche Telekom.

Photo courtesy of Deutsche Telekom AG

"I’m excited about the job of unifying Deutsche Telekom's innovation investments in one place, and being able to attract world-class talent to Germany to create a truly unique innovation engine," said Vicente Vento, currently Senior Vice President of Mergers & Acquisitions at Deutsche Telekom and CEO-designate of DTCP.

Photo courtesy of Deutsche Telekom AG

"As a hybrid fund, DTCP combines the strengths of a large corporate group with the speed and expertise of an investment fund, and expands Deutsche Telekom's spectrum considerably. We are opening up new opportunities for ourselves to increase the value of our own investments that are not part of our core business in the long term. And our private equity approach will allow us to invest in more mature companies that have to date been outside the reach of a purely venture capital focus," emphasized Thorsten Langheim, Senior Vice President, Group Corporate Development, who will be responsible for DTCP at Deutsche Telekom.

Photo courtesy of Deutsche Telekom AG

DTCP will launch in early 2015.

"Leading European telecommunications provider"

Deutsche Telekom has launched a new corporate strategy to become the leading European telecommunications provider.

CEO Timotheus Höttges laid out the strategic vision:
"We are a trusted companion in an increasingly complex digital world – at home and at work, anyplace, anytime. Making life easier for people and enriching it for the long term is the very essence of what we do.”

Photo courtesy of Deutsche Telekom AG

The rationale: customers choose telecommunications providers with high-performance networks, particularly in light of the rapid growth in data volumes.

A strong network is also the decisive factor for online service providers looking for a high-quality technical platform for their products that allows them to set up their own services quickly and easily.

As a result, integrated telecommunications providers are generally in a better position than fixed-only or mobile-only providers.

Photo courtesy of Deutsche Telekom AG

Deutsche Telekom's leadership goal covers four dimensions:

• The best Network

• The best service

• The best products

• The preferred provider for business customers

Photo courtesy of Deutsche Telekom AG

Four areas of operation are derived from this leadership goal:


1. Integrated IP networks

Deutsche Telekom wants to offer its customers the best network and the fastest connections at all times, without them having to worry about the technology.

The goal is to provide seamless access, regardless of whether our customers are using smartphones, laptops, tablets or other devices.

The Group is systematically working on simplification by switching the fixed-network infrastructure to all-IP technology.

The migration is to be completed at all of the Group's European subsidiaries by the end of 2018.

Photo courtesy of Deutsche Telekom AG

The LTE mobile communications standard is also being launched in all footprint markets.

By the end of 2017 Deutsche Telekom plans to be able to offer its customers in Europe LTE network coverage of at least 50 percent; in Germany, the LTE network is being expanded to provide transmission speeds of up to 150 Mbit/s with a network coverage of up to 85 percent as part of the integrated network strategy.

LTE advanced is to offer speeds of up to 300 Mbit/s in future.

The transformation to a fully IP-based network is to be completed by 2018 in Germany and Europe.


2. Best customer experience

Deutsche Telekom also wants to be a leader in terms of customer perception, with service and network quality, and with reliable, easy-to-use products and services.

Telekom is pushing integrated offers consisting of fixed network, TV and mobile communications all for a single rate.

Photo courtesy of Deutsche Telekom AG

Another important element is the hybrid router. It is scheduled to be launched in Germany in 2014, combining the advantages of the fixed network – high, consistent capacity – with those of mobile – high transmission rate – to achieve top download  speeds of up to 250 Mbit/s.

On top of that, service is to become simpler and faster.

Photo courtesy of Deutsche Telekom AG

Customers are to be made able to carry out many processes online by themselves in future thanks to simplified service platforms.

The intention is to make service simpler and faster and to ensure a seamless experience for the customer.


3. Win with partners

Deutsche Telekom wants to offer a wider range of products and services together with partners in future:
"We build standardized platforms – imagine a power strip where partners simply plug in their services," said Telekom CEO Tim Höttges.

Preference is to be given to innovative online services developed by partners to enhance Deutsche Telekom's range of products and services.

Photo courtesy of Deutsche Telekom AG

A simplified network infrastructure is a key factor in being able to offer a wider range of products and services together with partners in future.

Partner products are flexibly integrated into these platforms and can thus be booked simply and directly by customers.

Partners are to be put in a position to integrate their products and services both in contractual and technical terms into Deutsche Telekom's portfolio within three months. Deutsche Telekom is already doing this with partners such as Spotify and Evernote.

Platform business with partnering in the areas of M2M, smart home, intelligent networks and payment is particularly important.

Photo courtesy of Deutsche Telekom AG

Examples include the Qivicon platform for networking and controlling in-house systems, which now has around 30 partners, or the successful cooperation with booksellers in the development of the Tolino e-reader.

In addition, Deutsche Telekom is growing its TV business.

The company plans to further develop the TV platform for Germany and Europe with the aim of providing "TV across all screens," irrespective of whether the screen is a TV, a tablet, or a laptop.

Photo courtesy of Deutsche Telekom AG

Deutsche Telekom's goal is to have around 10 million TV customers in the Germany and Europe segments by 2017.


4. Lead in business

Deutsche Telekom has high expectations of its business customer unit and in Germany intends to profit more from growth in IT solutions for the SME segment. Its strong position in telecommunications solutions is to be used to extend its market share of IT solutions for business customers.

Photo courtesy of Deutsche Telekom AG

The focus is on cloud services, security solutions, convergent mobile and fixed-network products, along with  solutions for virtual collaboration.

Group subsidiary T-Systems will restructure its business model and move towards transformation and integration services as well as scalable ICT services.

The focus here is on the growth areas: IT platforms and cloud services.

B2B business will be intensified in the Group's European subsidiaries, too, primarily to generate increased revenue shares from ICT business.

Photo courtesy of Deutsche Telekom AG

About Deutsche Telekom

Deutsche Telekom is one of the world’s leading integrated telecommunications companies with over 142 million mobile customers, 31 million fixed-network lines and more than 17 million broadband lines (as of December 31, 2013).

The Group provides fixed network, mobile communications, Internet and IPTV products and services for consumers and ICT solutions for business customers and corporate customers.

Deutsche Telekom Headquarters, Bonn, Germany. Photo courtesy of Deutsche Telekom AG

Deutsche Telekom is present in around 50 countries and has approximately 229,000 employees worldwide.

The Group generated revenues of EUR 60,1 billion in the 2013 financial year – more than half of it outside Germany.


Contact

Deutsche Telekom
Tel. +49 228 181 4949
media@telekom.de  


Source: Deutsche Telekom AG

http://www.telekom.com/media  
 


ASTROMAN Magazine - 2014.11.11

NTT Communications Named Best Global Wholesale data Carrier at the Global Carrier Awards 2014

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1828  


ASTROMAN Magazine - 2014.10.26

IBM and Microsoft to Offer Greater Choice in the Hybrid Cloud

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1818  


ASTROMAN Magazine - 2014.10.18

Cisco Collaborates with Smart Cities Council to Assess Leaders on Smart City Progress in North America

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1811  


ASTROMAN Magazine - 2014.10.16

The Internet of Things World Forum Unites Industry Leaders in Chicago to Accelerate the Adoption of IoT Business Models

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1810  


ASTROMAN Magazine - 2014.10.07

Hewlett-Packard To Separate Into Two New Industry-Leading Public Companies

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1805  


ASTROMAN Magazine - 2014.10.07

Fujitsu and Midokura Strengthen Partnership to Jointly Develop Global Cloud Business

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1802  


ASTROMAN Magazine - 2014.10.03

Ramón Baez, HP: Why the CIO Needs to Think Like a CEO

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1804  


ASTROMAN Magazine - 2014.09.27

World's smallest 3G module receives technical approval by AT&T

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1797  


ASTROMAN Magazine - 2014.08.30

IBM Watson Ushers in a New Era of Data-Driven Discoveries

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1783