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Besides the faux-security of this offer this is the first "real" public cloud offer Deutsche Telekom does. Well, they don't - they have to partner up. A couple
by rmoriz 11y ago
Besides the faux-security of this offer this is the first "real" public cloud offer Deutsche Telekom does. Well, they don't - they have to partner up. A couple of months ago they already announced to partner with Huawei to build a public cloud (in late 2016, no further details), now they are renting out space for Microsoft (in early 2016), like Equinix does in Frankfurt for Amazon AWS.
Deutsche Telekom is still owned by the Federal Republic (31% iirc) so one could argue that most substancial decisions, like preventing FTTH, undermining net neutrality and the lack of innovation, is either accepted or even enforced by the biggest single shareholder.
Or it's just another sign, that politics should get out of the business as they are not qualified and not independent enough to control their stakes in corporations which also includes a technological perspective for the foreseeable future to secure the business.
Deutsche Telekom has no such perspective in its home country business, only the US mobile business keeps growing. At home, Deutsche Telekom is just fighting an rearguard battle. Whatsapp killed SMS, Skype killed Voice, AWS kills the mid/large enterprise datacenter outsourcing business, margins fall, jobs got cut. Venture Capital business "T-Venture" failed, was shut down, only some SV investments will be made in the future, no focus on local/German startups anymore.
Even their marketing department has no clue about "that cloud thingy", releasing official media materials like:
"Cyber Security in German: Hackers need to stay out"
https://www.telekom.com/static/-/106374/2/Foto-04_850x550-bi https://www.telekom.com/static/-/106374/2/Foto-04_850x550-bi
and more: https://www.telekom.com/medien/bild-ton-und-infografiken/fotos/104770 https://www.telekom.com/medien/bild-ton-und-infografiken/fot...
It's a shame that Germany has no investor person like Carl Icahn who is able to force the management to deal with the consequences: Shutting down/selling dying T-Systems, selling T-Mobile USA, revamping local access business to make money and stay competitive.
- doener 11y agoThey tried to sell T-Mobile USA. They tried very hard.
- rmoriz 11y agoYes, but then it was a failed biz. Since the IPO business is going quite well, at least they could further reduce their stake in T-Mobile USA. Usually the next wave of technology also implies new investments into the network and less profits, so IMHO right now it would be a great time to sell as much of the T-Mobile USA stocks as possible.