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Deutsche Telekom secures final ownership of PTC


WEBWIRE

* Transaction concluded with Vivendi and Elektrim
* All legal disputes settled once and for all

Closing the transaction agreed in December 2010 means that Deutsche Telekom today secured undisputed ownership of the Polish mobile operator PTC. This now makes Deutsche Telekom the sole owner of PTC and settles all legal disputes between the parties once and for all. “Following many years of legal conflict, this agreement finally gives us the exclusive and undisputed power to make decisions - and does so at attractive conditions,” said Timotheus Höttges, CFO of Deutsche Telekom.

Deutsche Telekom Disclaimer
This press release contains forward-looking statements that reflect the current views of Deutsche Telekom management with respect to future events. Forward-looking statements are based on current plans, estimates, and projections. They should therefore be considered with caution. Such statements are subject to risks and uncertainties, most of which are difficult to predict and are generally beyond Deutsche Telekom’s control. If these risks and uncertainties materialize, or if the assumptions underlying any of these statements prove incorrect, results may be materially different from those expressed or implied by such statements. Deutsche Telekom can offer no assurance that its expectations or targets will be met. Without prejudice to existing obligations under capital market law, Deutsche Telekom does not assume any responsibility for updating forward-looking statements by taking new information or future events or other matters into account.


About Deutsche Telekom AG
Deutsche Telekom is one of the world’s leading integrated telecommunications companies with over 129 million mobile customers, around 37 million fixed-network lines and approximately 16 million broadband lines (as of September 30, 2010). The Group provides fixed-network, mobile communications, Internet and IPTV products and services for consumers, and ICT solutions for business and corporate customers. Deutsche Telekom is present in around 50 countries and has over 250,000 employees worldwide. The Group generated revenue of EUR 64.6 billion in the 2009 financial year - more than half of it outside Germany (as of December 31, 2009).



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