Deutsche Telekom CEO Criticizes New EU Telecom Regulations

CEO Timotheus Hoettges criticized the EU Digital Networks Act for increasing red tape. He urged regulators to make tech giants pay for network infrastructure.

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Timotheus Hoettges, the Chief Executive Officer of Deutsche Telekom AG, has voiced strong criticism regarding the European Union and its approach to telecommunications sector reforms. During a press conference following the release of the company's fourth-quarter results, Hoettges called for significant deregulation to combat what he described as a growing administrative burden on the industry.

Timotheus Hoettges, the Chief Executive Officer of the German telecommunications company Deutsche Telekom AG, delivers remarks during an annual results news conference in Bonn, Germany, on April 5, 2023. REUTERS/Jana Rodenbusch
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