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Technology Stocks : Siemens
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From: Eric L9/7/2005 12:16:24 PM
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Siemens' Lothar Pauly to DT

>> Lothar Pauly Quits as CEO of Siemens Communications Group

Martyn Warwick
TelecomTV
2/9/2005

telecomtv.com

In an unexpected move Lothar Pauly, a long-term veteran of the company with more than 20 years service to his credit, has resigned as CEO of Siemens Communications Group.

He is moving straightaway to take up a new role within Deutsche Telekom (DT), Germany’s incumbent carrier, where he is to be head of T-Systems and will also become a member of the Deutsche Telekom Board of Management.

In a brief statement issued this afternoon Siemens adds that, with immediate effect, Mr.Pauly’s responsibilities will pass to Thomas Ganswindt (44) the member of Siemens Corporate Executive Committee with responsibility for the Information and Communications business area.

Lother Pauly (46) is the second high-ranking Siemens executive to defect to Deutsche Telekom in recent months. Earlier this year, Anton Schaaf (51), another Siemens board member left to become DT’s first-ever Chief Technology Officer.

For its part, DT has just announced five new initiatives designed with the ambitious intent not only of bringing the carrier into the 21st century but also totally transforming the telecoms landscape across Germany itself.

Michael Philpott, an analyst at research house Ovum, says, “On the broadband front, DT has been a little quiet lately. Growth has slowed, even though the market is nowhere near saturation, and other ISP’s such as Telecom Italia’s ‘Alice’ are starting to attract a lot of attention. DT also seems to be in something of a muddle with regard to IPTV, perhaps due to the already competitive TV market. However, DT has recently announced four initiatives around broadband and fixed/mobile convergence that will keep it in the headlines for some time to come.”

Following hot on the heels of BT’s 21st Century all-IP network initiative, over the next two years, and in addition to IPTV, Deutsche Telekom has plans to launch 50Mbit/s fixed broadband, 1.8Mbit/s mobile broadband (increasing to 7.2Mbit/s), ‘true’ fixed/mobile convergence and a SIP-based telephony service. The operator says that within the next four to five years it will have the basis of a totally converged network capable of delivering any service to anyone, anywhere. <<

- Eric -
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