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Furthermore, Timotheus Hoettges, CEO of Deutsche Telekom, recently was complaining that a company like WhatsApp (a few months ago acquired by Facebook for 19 billion dollars) is using Telekom infrastructure to virtually destroy a whole business area of Telekom -- the once profitable text messaging.
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So far, Telekom and its big German rivals have all presumed that massive infrastructure will be the key to profits (and have spent accordingly).
It kept Telekom working".
Magyar Telekom owns 51 percent of Makedonski Telekom in Macedonia as well as 77 percent of Telekom Montenegro.
But Telekom remains in trouble.
Deutsche Telekom owns 59.8 percent of Magyar Telekom.
Daniele Nardello rounds out the Telekom team.
Estonia owns 27percentt of Eesti Telekom.
Ullrich and Telekom's hopes were shattered.
Chris Mattheisen, chief executive of Magyar Telekom, disputes this.
In all, Telekom has talked to more than 80 investors.
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