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 by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement.
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. 20.12.2013 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de
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