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UPDATE 1-D.Telekom group wins German road toll deal

(Adds detail, background, trader comment)

By Hendrik Sackmann

BONN, June 27 (Reuters) - Deutsche Telekom AG , Europe's largest telecoms carrier, said on Thursday its consortium had won a contract worth several billion euros to build and run Germany's new electronic road toll system.

Deutsche Telekom teamed up to bid for the government contract together with the world's number five car producer DaimlerChrysler AG and with French road operator Cofiroute, a unit of construction firm Vinci SA .

The consortium won out over a rival group led by European mobile phone giant Vodafone .

"We expect the contracts to be finalised in the next weeks," Deutsche Telekom board member Josef Brauner told a news conference at Deutsche Telekom's headquarters. "The contract is worth several billion euros in revenues over the next years."

From next year the German transport ministry expects to collect 3.4 billion euros ($3.3 billion) in tolls annually from trucks rolling over German highways, up to 20 percent of which could go to the winning operator over the next 12 years.

However, traders said the announcement had been anticipated by the market and had no real impact on shares of the two big German companies.

"Confirmation of Deutsche Telekom and Daimler winning the government road toll deal did neither have an impact on Telekom nor on Daimler shares," a Frankfurt-based trader said.

Deutsche Telekom traded 4.7 percent up at 8.99 euros, and DaimlerChrysler was up 2.4 percent at 47.47 euros by 1209 GMT, while the German blue chip DAX was up 2.3 percent.

"Deutsche Telekom is simply going up in line with the overall market, which is heading back to pre-WorldCom levels," the trader said.

The rival bidder, Ages Mautsysteme, which comprises Vodafone , filling station chains Aral and Shell and which runs the existing manual road toll system, has 10 days to challenge the government's decision.

Ages was not immediately available for comment.

The electronic toll system will be based on satellite controlled devices installed in heavy goods vehicles rolling over German roads, which automatically pay an average 15 cents ($0.15) per kilometre, depending on size and harmful emissions.

Deutsche Telekom's Brauner said the system would take about a year to build. He said he expected annual revenues of 600-700 million euros for the consortium, with earnings to the tune of double-digit million euros.

Deutsche Telekom and Daimler both own 45 percent of the consortium, while Cofiroute has the remainder. (Additional reporting by Boris Groendahl and Hannfried von Hindenburg in Frankfurt)