Deutsche Telekom Welcomes FCC Approval of VoiceStream and Powertel Mergers

Apr 25, 2001, 01:00 ET from Deutsche Telekom AG

    BONN, Germany, April 25 /PRNewswire/ -- Deutsche Telekom AG (NYSE:   DT)
 (FSE: DTE) today welcomed the U.S. Federal Communications Commission's (FCC)
 approval of the proposed mergers between Deutsche Telekom and
 VoiceStream Wireless Corporation (Nasdaq:   VSTR) and Deutsche Telekom and
 Powertel, Inc. (Nasdaq:   PTEL) and its grant of the parties' applications for
 the transfer of control of FCC licenses.
     In its press release, the FCC stated that "U.S. consumers will benefit
 from the effects of the proposed merger, which will include the build-out and
 extension of VoiceStream's network -- significantly expanding VoiceStream's
 national and international reach. U.S. consumers also will benefit from the
 resulting increase in competition in mobile services, including new
 communications services and new features."
     "We are pleased that the FCC, after careful and in-depth examination, has
 approved the VoiceStream and Powertel mergers with Deutsche Telekom," said Dr.
 Ron Sommer, Chief Executive Officer of Deutsche Telekom.  "Today's approval by
 the FCC represents the completion of an important milestone and supports our
 view that the combination of our three companies will deliver significant
 benefits to customers."
     Deutsche Telekom and VoiceStream will be subject to the standard
 conditions that already apply to Deutsche Telekom's U.S. international license
 and to the usual conditions negotiated with the U.S. Department of Justice and
 Federal Bureau of Investigation concerning law enforcement assistance matters.
     The mergers are under review by the Committee on Foreign Investment in the
 United States (CFIUS).  Upon receipt of this final approval, the companies
 expect to complete the transactions at the end of May 2001.
     As the first and only true transatlantic provider of mobile services based
 on the world's leading digital standard -- GSM -- the combined company will be
 able to offer seamless services over a common technology platform and provide
 customers with such advanced features as global "one phone-one number"
 roaming, unified billing, worldwide customer service and advanced high-speed,
 'always-on' GPRS wireless data applications.  Together with VoiceStream and
 Powertel, Deutsche Telekom, and its subsidiaries and associated companies,
 will cover a license area of more than 430 million people in the United States
 and Europe.
 
     About Deutsche Telekom
     Deutsche Telekom is Europe's largest communications company and one of the
 largest communications carriers worldwide based on 2000 revenues of
 40.9 billion euros ($38.6 billion).  Through T-Mobile, Deutsche Telekom's
 mobile telephony subsidiary, Deutsche Telekom serves more than 45 million
 mobile telephony customers worldwide.  Deutsche Telekom offers its customers a
 complete range of fixed-line voice telephony products and services through
 approximately 50 million access lines.  Deutsche Telekom is a leading provider
 of high-speed digital access lines with approximately 850,000 new asymmetric
 digital subscriber line (T-DSL) services currently sold and more than
 18 million channels using the information transfer standard ISDN (Integrated
 Services Digital Network).  In online services, T-Online is Europe's largest
 Internet provider with more than 8.5 million subscribers.  In January 2001,
 Deutsche Telekom launched T-Systems, Europe's second-largest provider of
 comprehensive IT and telecommunications services to business customers in more
 than 20 countries.  For more information about Deutsche Telekom, visit
 http://www.telekom.de/international.
 
     About VoiceStream Wireless
     Based in Bellevue, WA, VoiceStream Wireless Corp. (Nasdaq:   VSTR) is a
 leading provider of digital wireless communications services in the United
 States. VoiceStream and its affiliates have licenses or pending licenses to
 provide service to more than 272 million people, representing 97 percent of
 the U.S. population.  VoiceStream uses and operates the Global System for
 Mobile (GSM) communications technology platform.  Adopted by 165 countries,
 GSM accounts for approximately 70 percent of the total digital wireless
 market.  VoiceStream is the only U.S. wireless telecommunications provider
 with a national GSM wireless technology network, which gives customers the
 choice of using their VoiceStream number when traveling internationally and
 supports roaming capabilities for other GSM customers traveling to the United
 States.  For more information, go to http://www.voicestream.com.
 
     About Powertel
     Powertel, Inc. provides 100 percent digital PCS wireless services in its
 licensed service area in 12 states in the Southeast -- one of the largest
 contiguous PCS networks in the southeastern United States.  Through its
 affiliation with other GSM carriers, Powertel's coverage extends across the
 United States to most major cities and into much of Canada to a population of
 more than 260 million people.  Powertel's core markets are in 34 southeastern
 metropolitan areas and along the major highway corridors that connect them.
 Athens, Atlanta, Augusta, Columbus, Birmingham, Chattanooga, Jackson,
 Jacksonville, Knoxville, Lexington, Louisville, Macon, Memphis, Nashville and
 Savannah are among the municipalities in Powertel's licensed service area,
 which has a population of more than 25 million people.  For more information
 on Powertel and its products and services, visit the company on its web site
 at: http://www.powertel.com
 
     This press release contains certain statements that are neither reported
 financial results nor other historical information. These statements are
 forward-looking statements within the meaning of the safe harbor provisions of
 the U.S. federal securities laws. Because these forward-looking statements are
 subject to risks and uncertainties, actual future results may differ
 materially from those expressed in or implied by the statements. Many of these
 risks and uncertainties relate to factors that are beyond Deutsche Telekom's
 ability to control or estimate precisely, such as future market conditions,
 currency fluctuations, the behavior of other market participants, the actions
 of governmental regulators and other risk factors detailed in Deutsche
 Telekom's reports filed with the Securities and Exchange Commission (the
 "Commission"). Readers are cautioned not to place undue reliance on these
 forward-looking statements, which speak only as of the date of this press
 release. Deutsche Telekom does not undertake any obligation to publicly
 release any revisions to these forward-looking statements to reflect events or
 circumstances after the date of this press release.
 
                     MAKE YOUR OPINION COUNT -- Click Here
                http://tbutton.prnewswire.com/prn/11690X56875202
 
 

SOURCE Deutsche Telekom AG
    BONN, Germany, April 25 /PRNewswire/ -- Deutsche Telekom AG (NYSE:   DT)
 (FSE: DTE) today welcomed the U.S. Federal Communications Commission's (FCC)
 approval of the proposed mergers between Deutsche Telekom and
 VoiceStream Wireless Corporation (Nasdaq:   VSTR) and Deutsche Telekom and
 Powertel, Inc. (Nasdaq:   PTEL) and its grant of the parties' applications for
 the transfer of control of FCC licenses.
     In its press release, the FCC stated that "U.S. consumers will benefit
 from the effects of the proposed merger, which will include the build-out and
 extension of VoiceStream's network -- significantly expanding VoiceStream's
 national and international reach. U.S. consumers also will benefit from the
 resulting increase in competition in mobile services, including new
 communications services and new features."
     "We are pleased that the FCC, after careful and in-depth examination, has
 approved the VoiceStream and Powertel mergers with Deutsche Telekom," said Dr.
 Ron Sommer, Chief Executive Officer of Deutsche Telekom.  "Today's approval by
 the FCC represents the completion of an important milestone and supports our
 view that the combination of our three companies will deliver significant
 benefits to customers."
     Deutsche Telekom and VoiceStream will be subject to the standard
 conditions that already apply to Deutsche Telekom's U.S. international license
 and to the usual conditions negotiated with the U.S. Department of Justice and
 Federal Bureau of Investigation concerning law enforcement assistance matters.
     The mergers are under review by the Committee on Foreign Investment in the
 United States (CFIUS).  Upon receipt of this final approval, the companies
 expect to complete the transactions at the end of May 2001.
     As the first and only true transatlantic provider of mobile services based
 on the world's leading digital standard -- GSM -- the combined company will be
 able to offer seamless services over a common technology platform and provide
 customers with such advanced features as global "one phone-one number"
 roaming, unified billing, worldwide customer service and advanced high-speed,
 'always-on' GPRS wireless data applications.  Together with VoiceStream and
 Powertel, Deutsche Telekom, and its subsidiaries and associated companies,
 will cover a license area of more than 430 million people in the United States
 and Europe.
 
     About Deutsche Telekom
     Deutsche Telekom is Europe's largest communications company and one of the
 largest communications carriers worldwide based on 2000 revenues of
 40.9 billion euros ($38.6 billion).  Through T-Mobile, Deutsche Telekom's
 mobile telephony subsidiary, Deutsche Telekom serves more than 45 million
 mobile telephony customers worldwide.  Deutsche Telekom offers its customers a
 complete range of fixed-line voice telephony products and services through
 approximately 50 million access lines.  Deutsche Telekom is a leading provider
 of high-speed digital access lines with approximately 850,000 new asymmetric
 digital subscriber line (T-DSL) services currently sold and more than
 18 million channels using the information transfer standard ISDN (Integrated
 Services Digital Network).  In online services, T-Online is Europe's largest
 Internet provider with more than 8.5 million subscribers.  In January 2001,
 Deutsche Telekom launched T-Systems, Europe's second-largest provider of
 comprehensive IT and telecommunications services to business customers in more
 than 20 countries.  For more information about Deutsche Telekom, visit
 http://www.telekom.de/international.
 
     About VoiceStream Wireless
     Based in Bellevue, WA, VoiceStream Wireless Corp. (Nasdaq:   VSTR) is a
 leading provider of digital wireless communications services in the United
 States. VoiceStream and its affiliates have licenses or pending licenses to
 provide service to more than 272 million people, representing 97 percent of
 the U.S. population.  VoiceStream uses and operates the Global System for
 Mobile (GSM) communications technology platform.  Adopted by 165 countries,
 GSM accounts for approximately 70 percent of the total digital wireless
 market.  VoiceStream is the only U.S. wireless telecommunications provider
 with a national GSM wireless technology network, which gives customers the
 choice of using their VoiceStream number when traveling internationally and
 supports roaming capabilities for other GSM customers traveling to the United
 States.  For more information, go to http://www.voicestream.com.
 
     About Powertel
     Powertel, Inc. provides 100 percent digital PCS wireless services in its
 licensed service area in 12 states in the Southeast -- one of the largest
 contiguous PCS networks in the southeastern United States.  Through its
 affiliation with other GSM carriers, Powertel's coverage extends across the
 United States to most major cities and into much of Canada to a population of
 more than 260 million people.  Powertel's core markets are in 34 southeastern
 metropolitan areas and along the major highway corridors that connect them.
 Athens, Atlanta, Augusta, Columbus, Birmingham, Chattanooga, Jackson,
 Jacksonville, Knoxville, Lexington, Louisville, Macon, Memphis, Nashville and
 Savannah are among the municipalities in Powertel's licensed service area,
 which has a population of more than 25 million people.  For more information
 on Powertel and its products and services, visit the company on its web site
 at: http://www.powertel.com
 
     This press release contains certain statements that are neither reported
 financial results nor other historical information. These statements are
 forward-looking statements within the meaning of the safe harbor provisions of
 the U.S. federal securities laws. Because these forward-looking statements are
 subject to risks and uncertainties, actual future results may differ
 materially from those expressed in or implied by the statements. Many of these
 risks and uncertainties relate to factors that are beyond Deutsche Telekom's
 ability to control or estimate precisely, such as future market conditions,
 currency fluctuations, the behavior of other market participants, the actions
 of governmental regulators and other risk factors detailed in Deutsche
 Telekom's reports filed with the Securities and Exchange Commission (the
 "Commission"). Readers are cautioned not to place undue reliance on these
 forward-looking statements, which speak only as of the date of this press
 release. Deutsche Telekom does not undertake any obligation to publicly
 release any revisions to these forward-looking statements to reflect events or
 circumstances after the date of this press release.
 
                     MAKE YOUR OPINION COUNT -- Click Here
                http://tbutton.prnewswire.com/prn/11690X56875202
 
 SOURCE  Deutsche Telekom AG