Germany Telecommunications Q3 2018
We have not made any changes to our German telecoms outlook, as our forecasts are roughly in line with expectations.Reportedly, Telefonica is considering the sale of its German unit, Telefonica Deutschland (O2). There would be no shortage ofprospective buyers for O2, should Telefonica decide to sell. The business is, however, a long way from being a major player in theconverged services market and would be better positioned as a mobile-focused proposition. The new coalition government in itsGrand Coalition plan is looking to earmark EUR12bn towards improving the broadband infrastructure, which, coupled with improvedtaxation, has the potential to give the broadband sector the impetus it needs.
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