20.12.2013
DGAP-Adhoc:Telefónica Deutschland Holding AG: Telefónica Deutschland and Telekom enter into binding agreement to expand Cooperation for Fixed-line Network following draft decision by Federal Network Agency
Telefónica Deutschland Holding AG / Key word(s): Contract
20.12.2013 16:08
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
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Telefónica Deutschland and Telekom enter into binding agreement to expand
Cooperation for Fixed-line Network following draft decision by Federal
Network Agency.
Telefónica Deutschland and Telekom today concluded a binding agreement to
expand their cooperation in fixed line network. The cooperation involves -
as communicated in the notification of 2 May 2013 - the increased
utilization by Telefónica Deutschland of Telekom's high-speed
infrastructure for fixed line network products in the future. Based on this
cooperation, which is scheduled to start in 2014, Telefónica Deutschland
will be enabled to realize the transition from its own ADSL infrastructure
to a sustainable NGA platform. The completion of the transition is supposed
to be finalized in 2019. Telefónica Deutschland will further use VDSL- and
vectoring products of Telekom.
The Federal Network Agency (FNA) approved in its draft decision the planned
cooperation. The cooperation is subject to final clearance of the FNA
following its consultation with the European Commission. This decision is
expected during the first half of 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