Deutsche Telekom Seeks to Dominate East European Markets by 2018 - Bloomberg

Deutsche Telekom Seeks to Dominate East European Markets by 2018 - Bloomberg:



"Deutsche Telekom AG (DTE), fresh from a string of acquisitions, plans to become the market leader in all of its central and eastern European markets by 2018 as it buys assets and upgrades networks.



“There will be a big revolution in every country” as the carrier blends landline and mobile networks to deliver improved phone and Internet services to win customers, Claudia Nemat, who heads European operations outside Germany, said in an interview in Macedonia’s capital of Skopje.



Deutsche Telekom has returned to buying assets outside its home country as Chief Executive Officer Timotheus Hoettges bets on a rebound in demand from the Baltic Sea to Crete. The target for dominance means the company will have to increase market share in countries including Romania and Poland and step up challenges to rivals such as Orange SA and Polkomtel Sp. z o.o., which is owned by billionaire Zygmunt Solorz-Zak."



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