Deutsche Telekom first announced the signing of the deal to purchase GTS CE in November 2013 for €546 million in hopes of augmenting the company strategy “of building a pan-European network.”
With GTS CE serving some 35,000 business customers in Hungary, the Czech Republic, Poland, Romania and Slovakia, T-Com sees an opportunity to “add fixed line networks in […] countries where its operations are primarily based on wireless services” with the buyout.
Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
