New Managing Director

Michiel van Eldik to be the new Managing Director Wholesale & Partnering at O2

MUNICH. Michiel van Eldik will be strengthening the Management Board of Telefónica O2 Germany from September 1st, 2010 and will be responsible for the Wholesale & Partnering division. In his new role, he will report directly to the CEO, René Schuster. Van Eldik, who is coming from Telefónica S.A., has already been working for the Group for many years now, and has held numerous different positions during this time.
As Group Director New Business & Innovation of Telefónica S.A., van Eldik was responsible for the establishment and management on many of Telefónica new growth initiatives in areas such as E-Health, Security and Financial Services. In his role he was also responsible for Telefónica Venture Capital Programme, Incubations and wider group Innovation Management. Prior to this, the native Dutchman spent six years at Telefónica O2 in the UK, where he was responsible for managing the integration of O2 into Telefónica, amongst other things. Prior to Telefónica, Michiel was at O2 plc, AirTouch, FirstMark and Siemens. "I am very happy that we have been able to gain Michiel van Eldik as our new MD Wholesale & Partnering", explains René Schuster, CEO Telefónica O2 Germany. "He has more than 15 years of experience in the telecommunications sector and will assist us in pushing ahead with our corporate strategy, which is to become one of the leading integrated telecommunication service providers in the German market."
Telefónica O2 Germany GmbH & Co. OHG belongs to Telefónica Europe and is part of the Spanish telecommunication group Telefónica S.A. The Company offers its German private and business customers postpaid and prepaid mobile telecom products as well as innovative mobile data services based on the GPRS and UMTS technologies. In addition, the integrated communications provider also offers DSL fixed network telephony and high-speed internet. Telefónica Europe has about 55 million mobile and fixed network customers in Great Britain, Ireland, the Czech Republic, Slovakia and Germany.