Deutsche Telekom to change strategy, focus on data - CEO
Monday, 08 February 2010 11:11
Deutsche Telekom CEO Rene Obermann expects a completely different revenue breakdown for the operator within five years, according to a message on Deutsche Telekom's intranet cited by the German press. Obermann unveiled the new strategy of the operator to around 1,000 managers in Munich and said that the company will have to transform from a clear telephony company into a more diverse company, focusing on data services. To reach this goal, a new cost-cutting programme will be introduced, while at the same time a billion euros will be invested. The focus will be on developing new services like mobile applications as well as new data services for the healthcare industry and electricity market.
(Source: Telecom Paper)
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