Deutsche Telekom manager in charge of Romania resigns three years before term end

Autor: Adrian Seceleanu 18.02.2011

Guido Kerkhoff, Deutsche Telekom manager who had been in charge with the CEE operations of Europe's biggest communications group since 2009, has unexpectedly announced his decision to leave the company three years before his term is due to end.
Kerkhoff has been closely involved in the coordination of operations carried out in Romania, one of the biggest markets the German group entered with the acquisition of a 30% stake in OTE.
During meetings between DT management and investment banks' analysts, Kerkhoff was the one to announce OTE's objectives in Romania.
Kerkhoff is leaving at a time when Deutsche Telekom is due to make a key decision as regards its involvement on the Romanian market. Deutsche Telekom and OTE Greek group are due to tell the Romanian government next month whether they plan to acquire the 46% stake the Romanian state still holds in Romtelecom, which ranks first in fixed telephony, second in fixed Internet and third on the TV market in Romania.