Timotheus Hoettges, Chief Executive Officer of Germany's telecommunications giant Deutsche Telekom AG, poses before the annual shareholders' meeting of the company in Bonn, Germany May 17, 2018. REUTERS/Wolfgang Rattay
BONN, Germany: Deutsche Telekom on May 17 urged Germany to auction frequencies for fifth-generation mobile services on reasonable terms to ensure that there is enough money left over to invest in infrastructure.
“We can only spend each euro once – either on spectrum or network build-out. My suggestion would be on buildout,” CEO Tim Hoettges said in a speech to the company's annual shareholders meeting.
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