MTEL released a stetement yesterday confirming the appointments of senior
manegement persons over the last few weeks. György Simó was appointed
COO of the wireline services following the departure of Chris Matthiesen a
couple of months ago. György Simó will also retain his role as CEO of TOnline
Hungary.
Thilo Kusch, who has been with the Deutsche Telekom Group for nearly 5
years most recently as director of Investor Relations, assumes the role of
MTEL CFO following the departure of Dr. Klaus Hartmann, who assumes the
role of CEO at PTC in Poland, another DT company.
Our view:
We expect no trading impact from the announcement.