Deutsche Telekom Seeks Talks With Rivals on VDSL, Focus Says

Deutsche Telekom AG (DTE) is seeking talks with its competitors such as Vodafone Group PLC (VOD) and Telefonica SA (TEF) over potentially sharing the costs of building a high-speed VDSL Internet network in Germany, Focus magazine reported.

Analysts estimate the costs of finishing the project at about 50 billion euros ($71.4 billion) by 2014 and “this of course would be impossible for us to pay alone,” Telekom management-board member Niek Jan van Damme is cited as saying in an interview.

To contact the reporter on this story: Brian Parkin in Berlin at bparkin@bloomberg.net

To contact the editor responsible for this story: James Hertling at jhertling@bloomberg.netTo

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.