Telefonica Deutschland Holding AG

Related Party Transaction • May 2, 2013

News Details

Ad-hoc | 2 May 2013 07:35

Telefónica Deutschland Holding AG: Telefónica Deutschland and Telekom enter into Memorandum of Understanding to Expand Cooperation for Fixed-line Network

Telefónica Deutschland Holding AG / Key word(s): Miscellaneous

02.05.2013 07:35

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
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Ad hoc announcement according to § 15 WpHG
Munich, May 2, 2013

Telefónica Deutschland and Telekom enter into Memorandum of Understanding
to Expand Cooperation for Fixed-line Network
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Munich, May 2, 2013 -
Telefónica Deutschland and Telekom today concluded a Memorandum of
Understanding to expand their cooperation in fixed line network. The
cooperation involves the increased utilization by Telefónica Deutschland of
Telekom's high-speed infrastructure for fixed line network products in the
future. Based on this cooperation, Telefónica Deutschland will be enabled
to realize the transition from its own ADSL infrastructure to a sustainable
NGA platform. Telefónica Deutschland will further use VDSL- and vectoring
products of Telekom. The completion of the transition is supposed to be
finalized in 2019. The cooperation will be submitted to the competent
authorities such as the Federal Network Agency as well as the Federal
Cartel Office. The cooperation is subject to a final and binding agreement
with Telekom, which agreement is currently envisaged for the end of 2013.
The start of the cooperation is currently scheduled for 2014.

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Language: English
Company: Telefónica Deutschland Holding AG
Georg-Brauchle-Ring 23-25
80992 München
Germany
Phone: +49 (0)89 24 42 0
Fax:
E-mail:
Internet: www.telefonica.de
ISIN: DE000A1J5RX9
WKN: A1J5RX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, München, Stuttgart

TecDAX

End of Announcement DGAP News-Service

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