Deutsche Telekom International Finance B.V. Intends to Deregister from SEC
May 17 2010 - 12:17PM
Business Wire
Deutsche Telekom International Finance B.V. (the “Company”)
intends to deregister and terminate its reporting obligations with
the Securities and Exchange Commission (“SEC”).
Once the Company meets the criteria for deregistration, it
intends to file Form 15F with the SEC in order to deregister all
classes of its registered debt securities, which are guaranteed by
Deutsche Telekom. The Company expects to file the Form 15F on or
about June 23, 2010 and expects the deregistration to become
effective 90 days later.
The Company reserves the right, for any reason, to delay the
filing or to withdraw it prior to its effectiveness, and to
otherwise change its plans in this regard.
This press release contains forward-looking statements that
reflect the current views of Deutsche Telekom and Deutsche Telekom
International Finance B.V. management with respect to future
events. They are generally identified by the terms "expect,"
"anticipate," "believe," "intend," "estimate," "aim for," "goal,"
"plan," "will," "strive for," "outlook" or similar expressions and
they should therefore be considered with caution. Such statements
are subject to risks and uncertainties, most of which are difficult
to predict and are generally beyond Deutsche Telekom's and Deutsche
Telekom International Finance’s control, including those described
in the sections "Forward-Looking Statements" and "Risk Factors" of
the Deutsche Telekom's Form 20-F annual report filed with the U.S.
Securities and Exchange Commission. Among the relevant factors is
the ability of Deutsche Telekom and Deutsche Telekom International
Finance B.V. to fulfill the criteria required for deregistering the
registered debt securities under applicable U.S. law. If these or
other risks and uncertainties materialize, or if the assumptions
underlying any of these statements prove incorrect, Deutsche
Telekom's and Deutsche Telekom International Finance B.V.’s future
actions may be materially different from those expressed or implied
by such statements. Deutsche Telekom and Deutsche Telekom
International Finance B.V. can offer no assurance that these
expectations will be met. Deutsche Telekom and Deutsche Telekom
International Finance B.V. do not assume any obligation to update
forward-looking statements to take new information or future events
into account or otherwise.
About Deutsche Telekom
Deutsche Telekom is one of the world’s leading integrated
telecommunications companies with over 150 million mobile
customers, approximately 38 million fixed-network lines and more
than 15 million broadband lines (As at Marc 31, 2010). The Group
provides products and services for the fixed network, mobile
communications, the Internet and IPTV for consumers, and ICT
solutions for business customers and corporate customers. Deutsche
Telekom is present in over 50 countries and has more than 258,000
employees worldwide. The Group generated revenues of EUR 64.6
billion in the 2009 financial year – almost half of it outside
Germany (As at December 31, 2009). Deutsche Telekom is aiming to
restructure its business and drive up revenue from growth areas
through investments in intelligent networks and its portfolio of
IT, Internet and network services.
Further information is available at www.telekom.com.
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