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4-Traders Homepage  >  Equities  >  Xetra  >  Deutsche Telekom    DTE   DE0005557508

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Deutsche Telekom Eyes Deal With Sky On Bundesliga Matches-Report

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05/20/2012 | 02:21pm CEST

Deutsche Telekom AG (>> Deutsche Telekom AG) expects to come to an agreement to cooperate with German pay-TV broadcaster Sky Deutschland AG (>> Sky Deutschland AG) on broadcasting Bundesliga soccer games, German newspaper Tagesspiegel says in a preview ahead of Monday's release.

"We are in negotiations," Niek Jan van Damme, Deutsche Telekom's Board member for Germany, is quoted as saying. "But Sky has paid so much for the rights, that we assume they want to recoup part of the money," he adds.

Nevertheless, van Damme considers Deutsche Telekom's television service "Entertain" completely attractive also without Bundesliga soccer games.

News Corp., which owns Dow Jones, publisher of this newswire, has a 49.9% stake in Sky Deutschland AG.

Newspaper website: http://www.tagesspiegel.de

-Frankfurt Bureau, Dow Jones Newswires; 49-69-29725-500.

Stocks mentioned in the article : Deutsche Telekom AG, Sky Deutschland AG
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Financials (€)
Sales 2017 76 275 M
EBIT 2017 9 342 M
Net income 2017 3 635 M
Debt 2017 50 829 M
Yield 2017 3,93%
P/E ratio 2017 21,46
P/E ratio 2018 17,32
EV / Sales 2017 1,69x
EV / Sales 2018 1,61x
Capitalization 78 081 M
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Number of Analysts 29
Average target price 17,9 €
Spread / Average Target 7,4%
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Timotheus Höttges Chairman-Management Board & CEO
Ulrich Lehner Chairman-Supervisory Board
Thomas Dannenfeldt Chief Financial Officer
Claudia Nemat Head-Technology & Innovation
Michael Sommer Member-Supervisory Board
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