Deutsche Telekom AG - S&P Global Ratings’ Credit Research

Deutsche Telekom AG

Deutsche Telekom AG - S&P Global Ratings’ Credit Research
Deutsche Telekom AG
Published Aug 03, 2010
4208 words — Published Aug 03, 2010
Price US$ 500.00  |  Buy this Report Now

About This Report

  
Abstract:

Robust market position in its home country, Germany. Solid underlying funds from operations in recent years. Strong mobile portfolio diversification across Europe and the U.S. Measured financial policy. Operational and competitive challenges in the U.S. The competitive threat from cable operators upgrading their networks in Germany. High Standard&Poor's-adjusted financial leverage relative to the ratings. The ratings on Germany's largest telecommunications services provider Deutsche Telekom AG (DT) primarily reflect the group's large and diversified operations across a number of markets. DT has strong fixed-mobile integrated operations in Germany and a portfolio of mobile operations across Western Europe and South and Eastern Europe (SEE) and the U.S. This results in strong underlying cash flow generation for the group. In addition,

  
Brief Excerpt:

RESEARCH Deutsche Telekom AG Publication date: 03-Aug-2010 Primary Credit Analyst: Leandro De Torres Zabala, Madrid (34) 91-389-6965; leandro_detorreszabala@standardandpoors.com Secondary Credit Analyst: Matthias Raab, CFA, Frankfurt...

  
Report Type:

Full Report

Ticker
DTE@GR
Issuer
Deutsche Telekom AG
GICS
Integrated Telecommunication Services (50101020)
Sector
Global Issuers, Structured Finance
Country
Germany
Region
United States
Format:
PDF Adobe Acrobat
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Deutsche Telekom AG" Aug 03, 2010. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Deutsche-Telekom-AG-812664>
  
APA:
S&P Global Ratings’ Credit Research. (). Deutsche Telekom AG Aug 03, 2010. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Deutsche-Telekom-AG-812664>
  
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