Deutsche Telekom acquisition of GTS approved
Complements DT’s pan-European network in mobile centric countries
Strengthens DT’s position in the international B2B and wholesale segments
Bonn/Brussels/Warsaw, April 15, 2014 Deutsche Telekom obtained today/yesterday the required merger control clearance from the European Commission for the acquisition of GTS Central Europe (“GTS”). The acquisition was announced in November 2013 and has now been cleared without conditions. The transaction will close in the coming weeks. "We are pleased that we can now close the transaction and start the integration of GTS. It fits perfectly into our strategy of building a pan-European network and strengthens our position with business and multinational customers. Moreover, it will enable us to offer all of our wholesale customers competitive, high-quality services," commented Claudia Nemat, Board member for Europe and Technology at Deutsche Telekom. "This decision eases any concerns customers and employees may have had. We will of course keep them informed in the coming weeks about the next steps regarding the integration. We are absolutely certain this union will add value to everyone involved," said Danny Bottoms, CEO of GTS. GTS is one of the top infrastructure-based telecommunications service providers in Central and Eastern Europe including a strong portfolio of services focused on business customers. In 2013, GTS achieved revenues of €337 million and EBITDA of €88 million pro-forma excluding the Slovak assets, which will be retained by the sellers as part of the transaction.
T-Mobile Czech Republic, a member of the international telecommunications group Deutsche Telekom, has almost 6.2 million customers, the number-one operator in the Czech market. T-Mobile is an integrated operator: in addition to telecommunications services, it offers comprehensive ICT solutions not only for companies, but also for other organizations and individuals. It provides outstanding services in the high-speed network, which was proved repeatedly by benchmark testing performed by umlaut (former P3) with Best-in-Test seal.
T-Mobile Czech Republic places emphasis on taking a responsible approach to the environment and society. It adheres to fair business practices, helps beneficial applications and services to see the light of day, supports non-profit organizations, small businesses and individuals, and lends a helping hand whenever crisis situations arise. The company’s employees serve as volunteers in many places across the entire Czech Republic.
More information about the company is available at www.t-mobile.cz, www.t-press.cz (the portal for journalists) and www.t-mobile.cz/pomahame (information on the company’s CSR activities).
Contact details of the press unit: press@t-press.cz.