- Income Statement
- Balance Sheet
- Cash Flow Statement
- Statement of Changes in Equity
- Segment Reporting
- Notes
- Basis of accounting
- Income Statement Disclosures
- Balance Sheet Disclosures
- Cash Flow Disclosures
- Other Disclosures
- 51 Financial instruments
- 52 Contingent liabilities
- 53 Other financial obligations
- 54 Litigation
- 55 Share-based remuneration
- 56 Related-party disclosures
- 57 Significant subsidiaries, joint ventures and associates
- 58 Auditors' fees
- 59 Making use of Section 264 (3) HGB
- 60 Declaration of Conformity with the German Corporate Governance Code
- 61 Significant events after the balance sheet date
- 62 Miscellaneous
- 63 Additional information
- Responsibility Statement
- Auditor's Report
62 Miscellaneous
The Group and the Spanish telecommunications operator Telefónica signed a telecoms service agreement in January 2009 to manage services across 28 European countries over the next five years. Telefónica will thus become the Group’s primary fixed and mobile telecommunications provider in Europe. The agreement is expected to help save over €150 million in costs over the period. Subject to the antitrust authorities’ regular approval and after conclusion of the transaction, the services will be managed by a dedicated service centre in Prague and is expected to go live in early summer of 2009. Due to a long-term agreement signed with Deutsche Telekom, Germany is exempted from this arrangement made with Telefónica.
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