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DTE Deutsche Telekom AG

21.66
-0.04 (-0.18%)
03 May 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type
Deutsche Telekom AG TG:DTE Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.04 -0.18% 21.66 21.62 21.69 21.78 21.61 21.74 150,198 22:50:02

Network Operators Collaborate to Expand Coverage in Germany

11/11/2019 1:09pm

Dow Jones News


Deutsche Telekom (TG:DTE)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more Deutsche Telekom Charts.
   By Kim Richters 
 

Telefonica Deutschland (O2D.XE) said Monday that it had agreed with Deutsche Telekom (DTE.XE) and Vodafone (VOD.LN) to expand network coverage in Germany.

The network operator said the companies plan to build up to 6,000 new mobile sites, constructing radio masts and towers in order to provide areas such as rural regions with better coverage.

The improvement of coverage was required by the national telecoms regulator Federal Network Agency as part of an auction for 5G mobile frequencies, which the operators won--together with 1&1 Drillisch--earlier this year.

Telefonica Deutschland called the auction conditions "disproportionate."

 

Write to Kim Richters at kim.richters@wsj.com

 

(END) Dow Jones Newswires

November 11, 2019 07:54 ET (12:54 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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