Deutsche Telekom sets up 500 million euro venture capital fund

To be launched early next year, focus on Germany’s growing tech start-up scene

Reuters

FRANKFURT (Reuters) - Deutsche Telekom is to set up a 500 million euro ($620.4 million) fund for technology ventures, giving the company more scope to invest in venture capital and innovation.

The fund, called Deutsche Telekom Capital Partners (DTCP), will be launched early next year and will focus on Germany’s growing tech start-up scene, the telecoms operator said on Tuesday.

The new fund will also expand its activities to include private equity investments in existing companies.

RAN World

Date
Start Date: 
Tuesday, January 20, 2015
End Date: 
Wednesday, January 21, 2015

Germany:

Join the entire RAN community in January at this exciting new event. 
With keynotes sessions from Vodafone Germany, Orange, Truphone, Tele2, China Mobile Research Institute and more, you will leave with strategic knowledge about all the latest developments.

Dish said to discuss T-Mobile deal with Deutsche Telekom: Bloomberg

DT views potential offers valuing T-Mobile at $35 a share as being substantially too low

Reuters

(Reuters) - Dish Network Corp's <DISH.O> chairman, Charlie Ergen, recently contacted Deutsche Telekom AG <DTEGn.DE> to express interest in acquiring the German company's unit, T-Mobile US Inc <TMUS.N>, Bloomberg reported, citing people with knowledge of the matter.

Ergen has not made a formal offer or hired any bank to advise it on the potential deal, the report said.

United Internet to buy KKR's stake in Versatel for $769 mln

German ISP was expected to post flat 2014 revenues of about 548 million euros

Reuters

FRANKFURT (Reuters) - German internet service provider United Internet said on Wednesday it had agreed to acquire buyout group KKR's 74.9 percent stake in cable group Versatel for about 586 million euros ($769 million) in cash.

United Internet, which already controls 25.1 percent of Versatel, had said last month it was considering a complete takeover of the company, which owns Germany's second-largest fiber optic cable network with a length of about 37,000 kilometers.

ECB sticks with Verizon in wake of U.S.-German spying clash

Central bank upholds framework for provision of internet-related services, business continuity

Reuters

FRANKFURT (Reuters) - The European Central Bank (ECB) has no plans to end its business relations with U.S. telecoms firm Verizon Communications Inc, ECB President Mario Draghi said in response to a query from a member of the European parliament on Thursday.

The German government said in June it had canceled a contract with Verizon as part of an overhaul of its internal communications, prompted by revelations last year of U.S. government spying.

In the letter to Fabio De Masi, Draghi wrote that the ECB "takes the threat of economic espionage very seriously".

DataCloud Central & Eastern Europe 2014

Date
Start Date: 
Wednesday, October 15, 2014
End Date: 
Wednesday, October 15, 2014

Germany:

Datacenter and Cloud Transformation for Digital Enterprises
A new conference for IT Infrastructure executives in CEE markets

Enterprises and third party operators across central and eastern European markets are transforming to cloud datacenters, fast becoming the indispensable infrastructure for computing, storage and management of big data. Enterprises require simple and scalable ways to create interoperability among many siloed data and endpoints, which offer highly available, multi-tenant and elastic integration cloud to support high density computing.

EU clears Telefonica Deutschland's takeover of E-Plus

Raises prospects of more deals to come across Europe's telecoms markets

Reuters

BRUSSELS/FRANKFURT (Reuters) - European regulators have cleared Telefonica's bid to consolidate the German mobile market by buying smaller rival KPN's E-Plus for 8.6 billion euros ($11.7 billion), raising prospects of more deals to come across Europe's telecoms markets.

The European Union's powerful antitrust chief Joaquin Almunia said on Wednesday that Telefonica agreed to concessions - including selling some radio spectrum and renting out capacity on its network to smaller rivals - to ensure that the deal does not lead to higher prices for customers.

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