Light Reading Mobile – Telecom News, Analysis, Events, and Research
LR Mobile News Analysis  

Deutsche Telekom: It's Over for Obermann

December 20, 2012 | Dan Jones |

Deutsche Telekom AG CEO René Obermann will step down at the end of next year, the company announced Thursday.

Obermann requested that the massive German operator terminate his employment contract and appointment as CEO effective Dec. 31, 2013, and the company's board granted the request in a meeting earlier Thursday.

CFO Timotheus Höttges will succeed Obermann as CEO in 2014.

Obermann is planning to take on take on more entrepreneurial activities after he steps down.

Why this matters

Obermann, 49, has spent 16 years at DT, with seven years as the head of the company. In the past few years, however, he has presided over the failed merger between AT&T Inc. and DT subsidiary T-Mobile USA and a long, slow fall-off in DT's share price.

For more

— Dan Jones, Site Editor, Light Reading Mobile


Currently we allow the following HTML tags in comments:

Single tags

These tags can be used alone and don't need an ending tag.

<br> Defines a single line break

<hr> Defines a horizontal line

Matching tags

These require an ending tag - e.g. <i>italic text</i>

<a> Defines an anchor

<b> Defines bold text

<big> Defines big text

<blockquote> Defines a long quotation

<caption> Defines a table caption

<cite> Defines a citation

<code> Defines computer code text

<em> Defines emphasized text

<fieldset> Defines a border around elements in a form

<h1> This is heading 1

<h2> This is heading 2

<h3> This is heading 3

<h4> This is heading 4

<h5> This is heading 5

<h6> This is heading 6

<i> Defines italic text

<p> Defines a paragraph

<pre> Defines preformatted text

<q> Defines a short quotation

<samp> Defines sample computer code text

<small> Defines small text

<span> Defines a section in a document

<s> Defines strikethrough text

<strike> Defines strikethrough text

<strong> Defines strong text

<sub> Defines subscripted text

<sup> Defines superscripted text

<u> Defines underlined text

Network Computing encourages readers to engage in spirited, healthy debate, including taking us to task. However, Network Computing moderates all comments posted to our site, and reserves the right to modify or remove any content that it determines to be derogatory, offensive, inflammatory, vulgar, irrelevant/off-topic, racist or obvious marketing/SPAM. Network Computing further reserves the right to disable the profile of any commenter participating in said activities.

 
Disqus Tips To upload an avatar photo, first complete your Disqus profile. | View the list of supported HTML tags you can use to style comments. | Please read our commenting policy.
 
Most Popular
Read
White Papers SPONSORED CONTENT
Featured
Resource Library SPONSORED CONTENT
Mach-Zender Modulator
A modulator that uses a phase shift to create 1s and 0s