Other financial obligations

The following table provides an overview of Deutsche Telekom’s other financial obligations as of June 30, 2019:

millions of €

 

 

 

June 30, 2019

 

Purchase commitments regarding property, plant and equipment

5,329

 

Purchase commitments regarding intangible assets

2,622

 

Firm purchase commitments for inventories

2,623

 

Other purchase commitments and similar obligations

17,466

 

Payment obligations to the Civil Service Pension Fund

2,184

 

Obligations from the acquisition of interests in other companies

23,308

 

Miscellaneous other obligations

41

 

 

53,573

 

Obligations from the acquisition of interests in other companies mainly relate to the agreed business combination of T‑Mobile US and Sprint at USD 26.5 billion (EUR 23.3 billion). For further information on agreed corporate transactions, please refer to the section “Changes in the composition of the Group,” and to the 2018 Annual Report, section “Summary of accounting policies – Changes in the composition of the Group and other transactions.”

The purchase commitments regarding intangible assets include EUR 2.1 billion for the four frequency blocks in the 2 GHz band and nine lots in the 3.6 GHz band purchased at auction in Germany. With the auction now over, Telekom Deutschland has filed an application with the Federal Network Agency on using the spectrum to begin building out the network across Germany.

5G
New communications standard, which offers data rates in the gigabit range, converges fixed-network and mobile communications, and supports the Internet of Things – rollout starting 2020.