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Deutsche Telekom Seeks Talks With Rivals on VDSL, Focus Says

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Aug. 7 (Bloomberg) -- Deutsche Telekom AG is seeking talks with its competitors such as Vodafone Group PLC and Telefonica SA 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

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