Deutsche Telekom to take over corporate telecom clients from T-Systems

News IT Germany 19 SEP 2019
Deutsche Telekom to take over corporate telecom clients from T-Systems

Deutsche Telekom will take over the responsibility for corporate telecom clients of its subsidiary T-Systems, which in turn will focus on IT and digital services, Reuters reported. T-Systems will be "an integrated end-to-end IT player and reliable enabler for our clients' digitisation," CEO Adel Al-Saleh told staff. The CEO has the task of restructuring the firm, reducing the number of employees in Germany by 6,000, closing most local offices and hiring 3,000 offshore staff. In total, around 30,000 employees will serve 1,000 clients, while top-line revenues will reach EUR 4 billion, down from EUR 7 billion last year. 

T-Systems plans to implement the changes in the second quarter of 2020, after negotiations with the social partners.

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