Deutsche Telekom, the German telecoms group, gave a glimpse of the pressure it is under in the US when it said dollar-denominated revenues there dropped in the third quarter after its T-Mobile US unit lost 77,000 customers.The Bonn-based company sai
FRANKFURT - The leading European telecommunications operator, Deutsche Telekom, said Thursday that net profit climbed by seven percent in the third quarter of 2009 and that sales were up by five percent. Net profit reached 959 million euros in the
LONDON - The German group Deutsche Telekom could submit a bid for Sprint Nextel, the third largest US mobile phone operator, British newspaper The Sunday Telegraph said. Deutsche Telekom has called in advisers to study a possible multi-billion-doll
Deutsche Telekom has started talks with the UK’s Vodafone, France Telecom, and Telefonica of Spain about selling T-Mobile UK, its flagging mobile phone unit.People familiar with the situation said all three companies had shown interest in Deutsche T
BERLIN - German telecom giant Deutsche Telekom will cut around 3,000 jobs in Germany at its IT subsidiary T-Systems by 2010, the company said on Wednesday following talks with union representatives. Deutsche Telekom, a former state monopoly, has al
FRANKFURT - German telecommunications group Deutsche Telekom posted on Thursday a solid jump in its second quarter net profit as it integrated a recent Greek acquisition, and confirmed its full-year targets. Deutsche Telekom recorded a 32 percent h
FRANKFURT - German telecommunications group Deutsche Telekom posted on Thursday a 32 percent jump in second quarter net profit and confirmed its full-year targets. Deutsche Telekom recorded a profit of 521 million euros on sales that increased by
FRANKFURT - German telecoms giant Deutsche Telekom, is looking to swap its loss-making unit T-Mobile UK for an asset in another country, the FT reported on Friday. Quoting sources familiar with the matter, the FT said a swap was considered a prefer
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