With the aid of Harro Ten Wolde and Leila Abboud FRANKFURT (Reuters) – When Deutsche Telekom's new Chief Government Tim Hoettges takes place of job on Wednesday, a revival of mergers and acquisitions in the sector and a dramatically changing aggressive panorama in Germany will pose his largest challenges. Hoettges will draw on such expertise to come to a decision how Deutsche Telekom, Europe's 0.33-largest telco through sales, must navigate consolidation on each side of the Atlantic and take on a rejuvenated Vodafone in Germany. Born in Solingen, a city within the prosperous jap state of North Rhine-Westphalia, Hoettges is said to be straightforward, traditional and intense, in contrast to his lengthy-time buddy and outgoing CEO Rene Obermann, who is legendary for his easy appeal. "Hoettges will not be identified for schmoozing company colleagues or politicians," mentioned every other banker who worked for him.
Deutsche Telekom’s new CEO faces twin tests
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