Thursday, 27 January 2022

Deutsche Telekom mulls sale of IT unit T-Systems

by Harry Baldock, Total Telecom
Thursday 18 November 21

According to anonymous sources, the company intends to begin discussions with interested parties in February 2022, with a deal expected by the end of the year

T-Systems, the IT unit for Deutsche Telekom, has become something of a black sheep for the company in the past 18 months, finding itself underperforming compared to Telekom’s healthy telecoms business.  Spending on orders had declined by around 25% during the coronavirus pandemic, with Telekom themselves explaining this as a reduction in spending from the automotive and airline sectors…

T-Systems, the IT unit for Deutsche Telekom, has become something of a black sheep for the company in the past 18 months, finding itself underperforming compared to Telekom’s healthy telecoms business.  Spending on orders had declined by around 25% during the coronavirus pandemic, with Telekom themselves explaining this as a reduction in spending from the automotive and airline sectors…

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