Philips, T-Com ink strategic agreement

Royal Philips Electronics and T-Com - Deutsche Telekom AG's fixed network division - have announced a cooperation to jointly develop the market for broadband, wireless home networks, connected devices, and value-added broadband-connected entertainment and communication services in Germany. The aim is to offer consumers the combination of Philips products such as home networks and connected entertainment and communication technologies along with T-Com's broadband service and installation.

Philips and T-Com will market their combined offerings via selected sales channels. The companies have also agreed to share future product and service roadmaps in order to collaborate on new service, product, and content offerings to consumers.

Additionally, the companies will cooperate to jointly research new trends and technologies in the connected home space, driving the adoption and wider use of digital home applications using broadband technology. The companies will also align future offerings and create user friendly, personalized entertainment and communication services throughout the broadband-connected home.