To: Don Walster who wrote (1557 ) 6/11/1998 9:36:00 AM From: David Wiggins Read Replies (2) | Respond to of 2349
Good/interesting info re. DT below: biz.yahoo.com Deutsche Telekom Chairman Discusses Dynamics of Trillion Dollar Global Telecommunications Market - Dr. Ron Sommer Addresses American Enterprise Institute in Washington, D.C. - WASHINGTON, June 11 /PRNewswire/ -- In a speech today before the American Enterprise Institute, Deutsche Telekom AG Chairman and Chief Executive Officer, Dr. Ron Sommer, cited factors driving the rapid growth of the global telecommunications market, hailed the rapid emergence of competition within the newly liberalized German telecommunications market, and outlined Deutsche Telekom's strengths and strategy to succeed within these dynamic markets. Technological advances contributing to growth in telecommunications mentioned by Dr. Sommer include digitalization of telecommunications networks, which today are already practically taken for granted, voice and data communications via the Internet, and the integration of fixed network and mobile telephony. Dr. Sommer said that today, Deutsche Telekom is Germany's only full- service provider and one of the few companies in the world with a complete range of modern communications services. He noted that Deutsche Telekom is the largest online provider in Europe; offers a system solution to suit all forms of electronic commerce; is blazing new trails in areas such as Internet telephony; and will soon be offering and integrated system for mobile and fixed network communications. Deutsche Telekom is also well positioned with respect to global alliances, through its partnership with France Telecom [NYSE:FTE - news], which includes the chairman of each company having seats on each other's Supervisory Board. Both companies have also teamed up with Sprint in the Global One joint venture, ''an impressive example of the potential of US/European cooperation in the high- tech telecommunications sector.'' With a network of 1,200 locations in over 65 countries, Global One serves more than 30,000 business customers. Regards, Dave