25 December 2008

DE - D Telekom switches tack on broadband

(FT)
Deutsche Telekom has abandoned a contentious plan to build its own ultra-fast broadband network in its domestic market and has instead linked up with rival Vodafone to develop the next-generation network across Germany. The move follows years of criticism from the European Commission, which feared that DT's go-it-alone approach, linked to a demand to keep rivals off its network, would lead to a new monopoly in Europe's largest telecoms market.