POST Online Media Lite Edition


Deutsche Telekom closes acquisition of GTS Central Europe

Staff writer |
Deutsche Telekom has officially closed its acquisition of GTS Central Europe. This marks the first step in bringing the two organizations together.

Article continues below

The full operational integration is expected to be completed in the Czech Republic, Poland and the International Business Unit of Deutsche Telekom for October, while legal unity is planned for January 1, 2015.

The GTS transaction closed on May 30, 2014 and Deutsche Telekom begins consolidation of the GTS Group as of that date. The press conference providing more details on the integration of the two companies is scheduled for June 11 in Warsaw, Poland.

What to read next

Deutsche Telekom and Orange sell their mobile JV EE to BT for GBP 12.5 billion
DT sells 70% stake in Scout24
GTS now under T-Mobile brand