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Deutsche Telekom and Deutsche Annington conclude a strategic innovation partnership

  • Attractive TV offering for 171,000 apartments
  • TV and Internet services from a single source for tenants
  • Investments running into low three-digit millions

The property group Deutsche Annington Immobilien Gruppe (DAIG, Bochum) and Deutsche Telekom (Bonn) have concluded a strategic partnership. The objective of this cooperation is to provide TV services to 171,000 apartments owned by the Bochum-based corporation right across Germany.

The apartments will gradually be connected to the new fiber optics network of Deutsche Telekom. The roll-out will be launched at the beginning of 2012. In the first quarter of 2013, DAIG buildings with a total of more than 40,000 apartments will already have been connected to Deutsche Telekom's TV network. Deutsche Telekom will thus gradually supply the apartments at 610 Deutsche Annington locations right across Germany with an extensive range of free-to-air and pay-TV packages. The partnership will provide tenants with a top TV offering and in the future will gradually give them access to the rapid broadband network of the Bonn-based telecommunications company. Telekom is investing an amount running into the low three-digit millions.

DAIG is a pioneer in the German property business when it comes to equipping their apartments with fiber optic technology. "We aim to offer our customers additional convenience and service," said Managing Director Wijnand Donkers. "The strategic cooperation with such a strong and competent partner as Deutsche Telekom is a significant step in achieving this." DAIG pursues a long-term property management approach and intends to continue upgrading its apartments. In this process, telecommunications services are especially important. The technology used by Deutsche Telekom offers tenants considerable benefits. They include a top-class TV offering and in the future, higher transmission speeds in downloading and uploading over fiber optic cables. For nearly 90 percent of customers, the TV costs will be lower than before.

"Today we took the crucial first step in establishing ourselves in the residential segment as a reliable partner, active right across Germany, with a broad and innovative product portfolio," says Christian P. Illek, Marketing Director at Telekom Deutschland, as the contract was signed. This was particularly true in view of the fact that the established cable carriers benefit from a number of historical privileges. He also made clear that Deutsche Telekom would continue steadfastly down its chosen path. The contract was another example of the corporate strategy of investing in innovative optical fiber technology in areas where there is a demand.

About Deutsche Telekom Deutsche Telekom is one of the world's leading integrated telecommunications companies with over 128 million mobile customers, around 35 million fixed-network lines and nearly 17 million broadband lines (as of September 30, 2011). The Group provides fixed-network, mobile communications, Internet and IPTV products and services for consumers, and ICT solutions for business and corporate customers. Deutsche Telekom is present in around 50 countries and has approximately 238,000 employees worldwide. The Group generated revenues of EUR 62.4 billion in the 2010 financial year - more than half of it outside Germany (as of December 31, 2010). About Deutsche Annington With some 220,000 rented and managed flats, the Deutsche Annington Real Estate Group is one of Germany's leading housing companies. The company offers its customers flats to rent and purchase at roughly 610 locations throughout Germany, complemented by customer-oriented services. This press release was prepared by Deutsche Annington Immobilien GmbH and/or its subsidiaries (together "DAIG") for information purposes only. This press release contains statements, estimates, opinions and projections about the expected future development of DAIG ("forward-looking statements"), which reflect various assumptions relating, for example, to results which have been derived from the latest DAIG business or from public sources which have not been subjected to an independent examination or assessed thoroughly by DAIG and which could later prove to be incorrect. These forward-looking statements reflect current expectations based on the present business plan and various other assumptions and therefore contain not insignificant risks and uncertainties. They should therefore not be understood as a guarantee for future performance or results and, moreover, do not necessarily constitute accurate indications that the expected results will also be achieved. These forward-looking statements only relate to the date when this press release was handed over to the recipients. It is up to the recipients of this press release to make their own more detailed evaluations of the informative value of the forward-looking statements and the assumptions on which they were based. DAIG excludes any and all liability to the greatest extent permitted by law for any direct or indirect damage or loss or consequential damage or loss which the recipients could incur from the use of the press release, its contents, in particular the forward-looking statements, or in any other connection therewith. DAIG gives no guarantee or assurance (either expressly or implied) in relation to the information communicated in this press release. DAIG has no obligation to update or correct the information, forward-looking statements or conclusions in this press release or to include subsequent events or circumstances or to correct inaccuracies which become known after the date of this press release.

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