DOCSLIB.ORG

Annual Report 2010

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Annual Report 2010 Deutsche Telekom. The 2010 financial year. The Telekom. Deutsche The 2010 financial year. In 2015 mobile customers will send and receive around 14 gigabytes of data per month. Back in 2005, all they needed was a few megabytes. II Selected financial data of the Deutsche Telekom Group. T-Mobile UK no longer fully consolidated since April 1, 2010. Change compared 2010 2009 2008 2007 2006 to prior year (%) a billions of € billions of € billions of € billions of € billions of € Revenue and earnings Net revenue (3.4) 62.4 64.6 61.7 62.5 61.3 Of which: domestic a % 0.3 43.7 43.4 46.8 49.1 52.9 Of which: international a % (0.3) 56.3 56.6 53.2 50.9 47.1 Profit from operations (EBIT) (8.4) 5.5 6.0 7.0 5.3 5.3 Net profit (loss) 380.2 1.7 0.4 1.5 0.6 3.2 Net profit (loss) (adjusted for special factors) 0.8 3.4 3.4 3.4 3.0 3.9 EBITDA a, b, c (13.0) 17.3 19.9 18.0 16.9 16.3 EBITDA (adjusted for special factors) a, b, c (5.8) 19.5 20.7 19.5 19.3 19.4 EBITDA margin (adjusted for special factors) a % (0.8) 31.2 32.0 31.6 30.9 31.7 Statement of financial position Total assets 0.0 127.8 127.8 123.1 120.7 130.2 Shareholders’ equity 2.6 43.0 41.9 43.1 45.2 49.7 Equity ratio a % n.a. 33.7 32.8 35.0 37.5 38.2 Net debt a, c 3.3 42.3 40.9 38.2 37.2 39.6 Relative debt (Net debt/EBITDA (adjusted for special factors)) n.a. 2.2 2.0 2.0 1.9 2.0 Gearing (Net debt/Shareholders’ equity) 0.0 1.0 1.0 0.9 0.8 0.8 Cash capex (7.1) (9.9) (9.2) (8.7) (8.0) (11.8) Cash flows Net cash from operating activities d (6.7) 14.7 15.8 15.4 13.7 14.2 Free cash flow (before dividend payments and spectrum investment) a, c, e, f (6.1) 6.5 7.0 7.0 6.6 3.0 Net cash used in investing activities d 23.8 (10.7) (8.6) (11.4) (8.1) (14.3) Net cash used in financing activities 24.3 (6.4) (5.1) (3.1) (6.1) (2.1) Employees Average number of employees (full-time equivalents, without trainees/student interns) thousands (2.0) 252 258 235 244 248 Revenue per employee a thousands of € (1.4) 247.2 250.8 262.5 256.5 246.9 T-Share – key figures Earnings per share (basic and diluted) in accordance with IFRS g € 387.5 0.39 0.08 0.34 0.13 0.74 Dividend per share € (10.3) 0.70 0.78 0.78 0.78 0.72 Total dividend h billions of € (11.1) 3.0 3.4 3.4 3.4 3.1 Share buy-back i billions of € n.a. 0.4 – – – – Total number of ordinary shares at the reporting date j millions (0.9) 4,321 4,361 4,361 4,361 4,361 a Calculated on the basis of millions for greater precision. Changes to percentages expressed e Before cash outflows totaling EUR 0.1 billion in 2007 for investments in parts of Centrica PLC as percentage points. taken over by T-Systems UK as part of an asset deal. Figures for 2006 include EUR 3.3 billion for b Deutsche Telekom defines EBITDA as profit/loss from operations before depreciation, the acquisition of licenses. amortization and impairment losses. f Deutsche Telekom defines free cash flow as cash generated from operations less interest paid c EBITDA, EBITDA adjusted for special factors, net debt, and free cash flow are non-GAAP figures and net cash outflows for investments in intangible assets (excluding goodwill) and property, not governed by the International Financial Reporting Standards (IFRS). They should not be plant and equipment. viewed in isolation as an alternative to profit or loss from operations, net profit or loss, net cash g Calculation of basic and diluted earnings per share in accordance with IFRS as specified in from operating activities, the debt reported in the consolidated statement of financial position, IAS 33, “Earnings per share.” or other Deutsche Telekom key performance indicators presented in accordance with IFRS. h Subject to approval from the 2011 shareholders’ meeting concerning the dividend payments For detailed information and calculations, please refer to the section on “Development of business for the 2010 financial year. For more detailed explanations, please refer to Note 28 in the in the Group” of the Group management report in this Annual Report. notes to the consolidated financial statements, “Dividend per share.” d Current finance lease receivables were previously reported in net cash from operating activities. i Relating to the shareholder remuneration policy adopted in 2010 for the 2010 to 2012 Since 2007 they have been reported under net cash from/used in investing activities. Prior-year financial years. figures have been adjusted accordingly. j Including treasury shares held by Deutsche Telekom AG. III The Deutsche Telekom Group and its operating segments. Deutsche Telekom is one of the world’s leading integrated telecommunications companies, with approximately 129 million mobile customers, 36 million fixed-network lines, and more than 16 million broadband lines. We provide fixed-network/broadband, mobile com munications, Internet, and IPTV products and services for con sumers, and information and communication technology (ICT) solutions for business and corporate customers. Deutsche Telekom is present in around 50 countries. With a staff of some 247,000 employees throughout the world, we generated revenue of EUR 62.4 billion, over half of it outside Germany. IV Germany. We slowed the year-on-year decrease in total revenue in our Germany operating segment. Change compared 2010 2009 While revenue declined in our fixed-network business, we saw an increase of 3 percent in mobile to prior year billions billions communications revenue, which was primarily attributable to the strong growth in data revenues % of € of € of 35 percent. We invested almost EUR 5 million in Germany‘s broadband future last year – Total revenue (1.1) 25.1 25.4 around 50 percent more than in the previous year. EBIT (profit from operations) (2.9) 4.9 5.1 EBITDA (adjusted for special factors) 0.1 9.6 9.6 Pages 77 – 80 Average number of employees (6.2) 79,364 84,584 Europe. The Europe operating segment encompasses our fixed-network and mobile communications Change compared 2010 2009 subsidiaries in Greece, Romania, Bulgaria, Albania, Hungary, F.Y.R.O. Macedonia, Montenegro, to prior year billions billions Croatia, Slovakia, Poland, the Czech Republic, the Netherlands, and Austria. The tough economic % of € of € situation in the countries of Southern and Eastern Europe in particular had a considerable impact Total revenue (14.1) 16.8 19.6 on total revenue. The greatest growth potential for the future is in broadband business and in the EBIT (profit from operations) n.a. 1.0 0.1 areas of IPTV, as customer figures clearly show. Business with high-value contract customers drove growth in our mobile communications segment. EBITDA (adjusted for special factors) (10.0) 5.7 6.4 Average number of employees (5.5) 65,435 69,277 Pages 81 – 87 USA. We have expanded our high-performance network further in the United States and are running Change compared 2010 2009 it at 4G speeds. What’s more, we will include a range of attractive new smartphones and tablet to prior year billions billions computers in our portfolio. The number of 3G and 4G smartphone users on our network more than % of € of € doubled in 2010. T-Mobile USA received several awards from independent consumer organizations Total revenue 4.0 16.1 15.5 for its excellent customer service. EBIT (profit from operations) (6.3) 2.1 2.2 EBITDA (adjusted for special factors) (2.5) 4.2 4.3 Pages 88 – 89 Average number of employees (1.1) 37,795 38,231 Systems Solutions. T-Systems provides individual ICT solutions for corporate customers, operating networks and Change compared 2010 2009 data centers all over the world. Despite the fact that prices in the ICT business are falling, T-Systems’ to prior year billions billions total revenue increased on the back of strategically significant new deals, with the high level of % of € of € demand for cloud services playing a considerable role. Our customers receive the bandwidth and Total revenue 2.9 9.1 8.8 computing and storage capacity they need for their business processes, and they only pay for EBIT (profit (loss) from operations) n.a. 0.04 (0.01) what they actually use. EBITDA (adjusted for special factors) 2.7 0.9 0.9 Pages 90 –92 Average number of employees 5.0 47,588 45,328 Group Headquarters & Shared Services. Group Headquarters & Shared Services performs strategic and cross-divisional management Change compared 2010 2009 functions and is responsible for operating activities that are not directly related to our core business. to prior year billions billions Shared Services include property management, DeTeFleetServices GmbH, and Vivento, which % of € of € is responsible for providing employees with new employment opportunities as part of our staff Total revenue (10.1) 2.2 2.4 restructuring program. EBIT (loss from operations) (98.5) (2.5) (1.2) EBITDA (adjusted for special factors) n.a.
Load more

Recommended publications
  • The Politics of Privatization and Restructuring in Germany
    4^ ^ >v •> Dii.'^.^/ HD28 .M414 The Politics of Privatization and Restructuring in Germany Lufthansa and Deutsche Teleliom J. Nicholas Ziegler Revised October 1997 WP# 3880 Sloan School of Management Massachusetts Institute of Technology MIT, E52-581 Cambridge, MA 02142-1347 tel. 617-253-3698 fax 617-253-2660 [email protected] The privatization of public service companies offers an excellent case for assessing pressures for institutional convergence versus the staying power of distinctive national economic institutions in the advanced industrial countries. This paper examines the privatization of Lufthansa and Deutsche Telekom in order to see whether changes in enterprise ownership reflect a process of convergence in the rules of coiporate governance. While the outward form of privatization in Germany looks quite similar to privatization in Britain and the United States, these two cases show little evidence that the change in ownership is driving any formal changes in corporate governance. If anything, German financial institutions and trade unions continue to exercise distinctive roles that rest on their historical positions in the German economy. FEB 081998 LIBPARtCS Politics and Privatization in Germany Lufthansa and Deutsche Telekom J. Nicholas Ziegler Introduction Recent changes in the world economy have prompted scholars and practitioners to ask whether all countries are converging on a single most efficient set of institutions for economic management. Some observers argue that the three processes driving worldwide competition — globalization,
    [Show full text]
  • De Telefoon Van Reis
    De Telefoon van Reis 05-01-2016 Ontwerpopdracht profielwerkstuk van: Thomas Aleva & Nwankwo Hogervorst Inhoudsopgave Inleiding ........................................................................................................................... 3 Onderzoeksvraag ............................................................................................................................. 3 Johann Philipp Reis........................................................................................................................... 3 Globale werking van de telefoon van Reis ....................................................................................... 3 Globale werking van de telefoon van Bell ....................................................................................... 4 Het ontwerp ..................................................................................................................... 4 Ontwerpcyclus ................................................................................................................................. 5 Programma van eisen: ..................................................................................................................... 5 Deeloplossingen ............................................................................................................................... 6 Ontwerpvoorstel .............................................................................................................................. 6 Benodigdheden ...............................................................................................................................
    [Show full text]
  • Telephone Talking to Your Neighbor Hasn’T Always Been As Easy As Picking up the Receiver
    INVENTIONS The Telephone Talking to your neighbor hasn’t always been as easy as picking up the receiver BY CATHERINE V.O. HOFFBERGER “Mr. Watson, come in here. I need you!” These historic words are as recognizable as Martin Luther King Jr.’s inspiring “I Have a Dream” and John F. Kennedy’s philosophical “Ask not what your country can do for you— ask what you can do for your country.” Uttered by one Alexander Graham Bell on March 7, 1876, this quote is remem- bered not for its eloquence or effect, but for what it represents: the invention of that great tool of everyday life, the Telephone. Bell, born in Scotland to a deaf mother in 1847, followed the professional footsteps of his father, uncle and grandfa- ther, all professors of elocution (the study of speaking). Young “Aleck,” a passionate elocutionist, specialized in teaching speech to the deaf. Telephony, the science of producing sound (‘phono’) electrically over distance (‘tele’), was the rage among Three weeks later, Mr. Watson famously heard Bell sum- 19th-century inventors. The telegraph, created in England moning him over its wires. As his was the first telephone in 1833 and soon improved by American Samuel Morse, to truly work and receive a patent, Bell was credited with accomplished that in staccato, on-and-off rhythms. By the the invention. mid-1800s, it was the world’s means of long-distance audi- Bell’s fledgling business sold just six telephones in its ble communication. Bell and other scientists across first month. But by 1891, the company, by then known as Europe and in the United States including Antonio AT&T (the Atlantic Telephone and Telegraph Co.), was Meucci, Johann Philipp Reis, Elisha Gray and Thomas operating some 5 million phones in America.
    [Show full text]
  • State Traditions in Institutional Reform
    STATE TRADITIONS IN INSTITUTIONAL REFORM. A CASE STUDY OF FRENCH AND GERMAN TELEPHONE POLICY DEBATES FROM 1876 UNTIL 1997 Thesis submitted for the Ph.D. degree June 2004 London School of Economics and Political Science Government Department Marit Sjovaag Marino UMI Number: U194823 All rights reserved INFORMATION TO ALL USERS The quality of this reproduction is dependent upon the quality of the copy submitted. In the unlikely event that the author did not send a complete manuscript and there are missing pages, these will be noted. Also, if material had to be removed, a note will indicate the deletion. Disscrrlation Publishing UMI U194823 Published by ProQuest LLC 2014. Copyright in the Dissertation held by the Author. Microform Edition © ProQuest LLC. All rights reserved. This work is protected against unauthorized copying under Title 17, United States Code. ProQuest LLC 789 East Eisenhower Parkway P.O. Box 1346 Ann Arbor, Ml 48106-1346 «y «Political anc Economic Science TKtS^S F 836/ Abstract This thesis tests the claim that national differences in sectoral state traditions diminish over time. The case study covers telephone policy debates in France and Germany in five time periods fi*om 1876 until 1997: the ‘consolidation phase’ (1876 - 1900); the 1920s; the post-Second World War years; the debates leading up to corporatisation in the 1980s; and the debates around opening for full competition in the 1990s. The analytical framework is founded in writings on state traditions and on the role of ideas and discourse in policymaking. The study’s object of investigation, ‘sectoral state traditions’, is developed to allow for comparison both longitudi­ nally within one country and cross-nationally.
    [Show full text]
  • Privatisierung Und Regulierung
    Privatisierung, Regulierung und ihre Folgen verdeutlicht am Beispiel der Deutschen Post AG Ausgearbeitet von Adrian Klein, Referent DPVKOM Kommunikationsgewerkschaft DPV Schaumburg-Lippe-Str. 5 Postfach 14 31 Telefon: 0228 911400 www.dpvkom.de 53113 Bonn 53004 Bonn Telefax: 0228 91140-98 Mail: [email protected] 07/2011 2 ©DPVKOM Vorwort In der vorliegenden Untersuchung beschränkt sich der Autor in seinen Ausführungen ausschließlich auf Zahlen und Fakten, die aus der Privatisierung der Deutschen Bundespost „Postdienst/gelbe Post“ heraus entstanden sind. Dabei wird die Wandlung der ehemaligen Behörde vom Jahr 1995 an bis zu ihrem heutigen Status als Aktiengesellschaft und „Global Player“ betrachtet. Kernansatz ist die Frage, wie sich die Privatisierung auf verschiedene Gruppen, das Unternehmen selbst, die Beschäftigten, die Volkswirtschaft und die Kunden auswirkt bzw. ausgewirkt hat Aus den gewonnenen Ergebnissen und Schlussfolgerungen können nicht automatisch Analogien zum Telekommunikationsmarkt gezogen werden. Für diese Wirtschaftssparte ist leider eine solche Analyse aufgrund der Vielfältigkeit der Tätigkeitsfelder der Deutschen Telekom AG sowie der unübersichtlichen Konkurrenzsituation (welcher auch nicht abschließend einzugrenzen ist) nicht im selben Maße durchführbar. 1. Ein Rückblick Bereits im Jahre 1990 wurde im Rahmen der „Postreform I“, der Aufspaltung der ehemaligen Behörde „Deutsche Bundespost“ (DBP) in die drei öffentlichen Unternehmen DBP „Telekom“ (grau), DBP „Postdienst“ (gelb) und DBP Postbank (blau), der Grundstein für
    [Show full text]
  • Internationalizing Internal Audit
    Internal Auditing Around the World® Vol. XV Deutsche Telekom Stronger Connections: Internationalizing Internal Audit Maria Rontogianni Evolving into a next-generation internal audit function is Senior Vice President, a strategic priority for us — as it must be. We can’t hold on Group Audit to our traditional ways. We must modernize and keep pace and Group Risk with change at our company. Governance Deutsche Telekom Deutsche Telekom AG is one of the world’s ever-higher speeds.1 It is also working to leading integrated telecommunications evolve from being a traditional telephony companies, with approximately 178 million company to becoming “an entirely new kind mobile customers, 28 million fixed-network of service company” that can seize growth lines and 20 million broadband lines. Formerly opportunities in new business areas.2 known as Deutsche Bundespost Telekom, the company is one of three business entities that Ramping Up on Agile Working Methods evolved from Deutsche Bundespost, a state- Deutsche Telekom’s focus on change, and owned postal and telephone service founded in preparing for an increasingly digitized West Germany in 1947 that privatized in 1995. future, impacts all corners of its business, Deutsche Telekom has operated under its including internal audit. “Evolving into a current name since 1995. Based in Bonn, the next-generation internal audit function is a company has grown strategically through strategic priority for us — as it must be,” says acquisitions over the past two decades, and Maria Rontogianni, senior vice president, today operates in more than 50 countries and group audit and group risk governance, at employs more than 200,000 people around Deutsche Telekom.
    [Show full text]
  • The Evolution of Science-Fiction Films and Novels
    2010 JUMP By Douglas Fenech, Christian Gradwohl & Jan Westren-Doll [DOES SCIENCE-FICTION PREDICT THE FUTURE??] [This research paper looks at a selection of science-fiction films and its connection with the progression of the television, the telephone and print media. It also analyzes statistical data obtained from a questionnaire conducted by the research group regarding communication media.] January 1, 2010 [DOES SCIENCE-FICTION PREDICT THE FUTURE OR CHANGE IT?] Table of Contents Introduction……………………………………………………………………………………………………………………………….4 Science-fiction filmmakers are not modern day Leonardo da Vinci’s…………………………………………5 Predictions of the future in science-fiction films and novels………………………………………………………6 History of the future………………………………………………………………………………………………………………….8 The evolution of science-fiction films and novels.........................................................................11 A look into Television....................................................................................................................13 Mechanical Television.......................................................................................................13 Electronic Television.........................................................................................................14 Colour Television..............................................................................................................15 The Remote Control..........................................................................................................16
    [Show full text]
  • The Telephone and Its Several Inventors
    The History of Telecommunications The Telephone and its Several Inventors by Wim van Etten 1/36 Outline 1. Introduction 2. Bell and his invention 3. Bell Telephone Company (BTC) 4. Lawsuits 5. Developments in Europe and the Netherlands 6. Telephone sets 7. Telephone cables 8. Telephone switching 9. Liberalization 10. Conclusion 2/36 Reis • German physicist and school master • 1861: vibrating membrane touched needle; reproduction of sound by needle connected to electromagnet hitting wooden box • several great scientists witnessed his results • transmission of articulated speech could not be demonstrated in court • submitted publication to Annalen der Physik: refused • later on he was invited to publish; then he refused • ended his physical experiments as a poor, disappointed man Johann Philipp Reis 1834-1874 • invention not patented 3/36 The telephone patent 1876: February 14, Alexander Graham Bell applies patent “Improvement in Telegraphy”; patented March 7, 1876 Most valuable patent ever issued ! 4/36 Bell’s first experiments 5/36 Alexander Graham Bell • born in Scotland 1847 • father, grandfather and brother had all been associated with work on elocution and speech • his father developed a system of “Visible Speech” • was an expert in learning deaf-mute to “speak” • met Wheatstone and Helmholtz • when 2 brothers died of tuberculosis parents emigrated to Canada • 1873: professor of Vocal Physiology and Elocution at the Boston University School of Oratory: US citizen Alexander Graham Bell • 1875: started experimenting with “musical” telegraphy (1847-1922) • had a vision to transmit voice over telegraph wires 6/36 Bell (continued) • left Boston University to spent more time to experiments • 2 important deaf-mute pupils left: Georgie Sanders and Mabel Hubbard • used basement of Sanders’ house for experiments • Sanders and Hubbard gave financial support, provided he would abandon telephone experiments • Henry encouraged to go on with it • Thomas Watson became his assistant • March 10, 1876: “Mr.
    [Show full text]
  • Adaptive Neural Signal Detection for Massive MIMO Mehrdad Khani, Mohammad Alizadeh, Jakob Hoydis, Senior Member, IEEE, Phil Fleming, Senior Member, IEEE
    This article has been accepted for publication in a future issue of this journal, but has not been fully edited. Content may change prior to final publication. Citation information: DOI 10.1109/TWC.2020.2996144, IEEE Transactions on Wireless Communications 1 Adaptive Neural Signal Detection for Massive MIMO Mehrdad Khani, Mohammad Alizadeh, Jakob Hoydis, Senior Member, IEEE, Phil Fleming, Senior Member, IEEE Abstract—Traditional symbol detection algorithms either per- In recent work, researchers have proposed several learning form poorly or are impractical to implement for Massive approaches for MIMO signal detection. Samuel et al. [8, 9] Multiple-Input Multiple-Output (MIMO) systems. Recently, sev- achieved impressive results with a deep neural network ar- eral learning-based approaches have achieved promising results on simple channel models (e.g., i.i.d. Gaussian channel coeffi- chitecture called DetNet, e.g., matching the performance of cients), but as we show, their performance degrades on real-world a semidefinite relaxation (SDR) baseline for independent and channels with spatial correlation. We propose MMNet, a deep identically distributed (i.i.d.) Gaussian channel matrices while learning MIMO detection scheme that significantly outperforms running 30× faster. He et al. [10] introduced OAMPNet, existing approaches on realistic channels with the same or lower a model inspired by the Orthogonal AMP algorithm [11], computational complexity. MMNet’s design builds on the theory of iterative soft-thresholding algorithms, and uses a novel training and demonstrated strong performance on both i.i.d. Gaussian algorithm that leverages temporal and spectral correlation in and small-sized correlated channel matrices based on the real channels to accelerate training.
    [Show full text]
  • Die Meilensteine Der Computer-, Elek
    Das Poster der digitalen Evolution – Die Meilensteine der Computer-, Elektronik- und Telekommunikations-Geschichte bis 1977 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 und ... Von den Anfängen bis zu den Geburtswehen des PCs PC-Geburt Evolution einer neuen Industrie Business-Start PC-Etablierungsphase Benutzerfreundlichkeit wird gross geschrieben Durchbruch in der Geschäftswelt Das Zeitalter der Fensterdarstellung Online-Zeitalter Internet-Hype Wireless-Zeitalter Web 2.0/Start Cloud Computing Start des Tablet-Zeitalters AI (CC, Deep- und Machine-Learning), Internet der Dinge (IoT) und Augmented Reality (AR) Zukunftsvisionen Phasen aber A. Bowyer Cloud Wichtig Zählhilfsmittel der Frühzeit Logarithmische Rechenhilfsmittel Einzelanfertigungen von Rechenmaschinen Start der EDV Die 2. Computergeneration setzte ab 1955 auf die revolutionäre Transistor-Technik Der PC kommt Jobs mel- All-in-One- NAS-Konzept OLPC-Projekt: Dass Computer und Bausteine immer kleiner, det sich Konzepte Start der entwickelt Computing für die AI- schneller, billiger und energieoptimierter werden, Hardware Hände und Finger sind die ersten Wichtige "PC-Vorläufer" finden wir mit dem werden Massenpro- den ersten Akzeptanz: ist bekannt. Bei diesen Visionen geht es um die Symbole für die Mengendarstel- schon sehr früh bei Lernsystemen. iMac und inter- duktion des Open Source Unterstüt- möglichen zukünftigen Anwendungen, die mit 3D-Drucker zung und lung. Ägyptische Illustration des Beispiele sind: Berkley Enterprice mit neuem essant: XO-1-Laptops: neuen Technologien und Konzepte ermöglicht Veriton RepRap nicht Ersatz werden.
    [Show full text]
  • (TE); Basic and Recommended Additional Requirements for Terminal Equipment Supporting Teletex Application
    EUROPEAN ETS 300 015 TELECOMMUNICATION February 1994 STANDARD Source: ETSI TC-TE Reference: T/TE 07-01 ICS: 33.020, 33.040.40 Key words: Teletex Terminal Equipment (TE); Basic and recommended additional requirements for terminal equipment supporting Teletex application ETSI European Telecommunications Standards Institute ETSI Secretariat Postal address: F-06921 Sophia Antipolis CEDEX - FRANCE Office address: 650 Route des Lucioles - Sophia Antipolis - Valbonne - FRANCE X.400: c=fr, a=atlas, p=etsi, s=secretariat - Internet: [email protected] Tel.: +33 92 94 42 00 - Fax: +33 93 65 47 16 Copyright Notification: No part may be reproduced except as authorized by written permission. The copyright and the foregoing restriction extend to reproduction in all media. New presentation - see History box © European Telecommunications Standards Institute 1994. All rights reserved. Page 2 ETS 300 015: February 1994 Whilst every care has been taken in the preparation and publication of this document, errors in content, typographical or otherwise, may occur. If you have comments concerning its accuracy, please write to "ETSI Editing and Committee Support Dept." at the address shown on the title page. Page 3 ETS 300 015: February 1994 Contents Foreword ...........................................................................................................................................7 1 Scope ......................................................................................................................................9 2 Normative references
    [Show full text]
  • Liberalisation, Privatisation and Regulation in the German Postal Services Sector Kathrin Drews, Wirtschafts- Und Sozialwissenschaftliches Institut (WSI)
    Country reports on liberalisation and privatisation processes and forms of regulation Liberalisation, privatisation and regulation in the German postal services sector Kathrin Drews, Wirtschafts- und Sozialwissenschaftliches Institut (WSI) Deliverable 1 for the Project Privatisation of Public Services and the Impact on Quality, Employment and Productivity (PIQUE) CIT5-2006-028478 (STREP, June 2006-May 2009) funded by the European Commission’s 6th Framework programme Workpackage Lead Partner: Catholic University of Leuven Dissemination level: Restricted November 2006 Wirtschafts- und Sozialwissenschaftliches Institut (WSI) in der Hans-Böckler-Stiftung Hans-Böckler-Straße 39, D-40476 Düsseldorf, Tel: 0049 211 7778 239, Fax 0049 211 7778-250 [email protected] – www.wsi.de Contents CONTENTS INTRODUCTION ..........................................................................................................................................1 1. MARKET STRUCTURE...............................................................................................................2 1.1. Market structure before liberalisation...........................................................................................3 1.2. Steps and processes of liberalisation...........................................................................................4 1.3. Current market structure and remaining challenges ....................................................................8 2. REGULATION...........................................................................................................................
    [Show full text]