Deutsche Telekom sees lower performance in latest quarter
Posted Jan 30th 2007 3:58PM by Brian White
Deutsche Telekom -- the German telecom juggernaut -- witnessed lower performance in its most recent quarter as it saw a big cut in profit and forecast more competition.
European competitor Vodafone Group is not making things easy for DT, as it relentlessly cuts prices and forces DT to do the same. T-Mobile USA --
DT's fastest-growing unit -- has also not lived up to forecasts because of the dollar's slide against the euro in 2006.
Please keep your comments relevant to this blog entry. Email addresses are never displayed, but they are required to confirm your comments.
When you enter your name and email address, you'll be sent a link to confirm your comment, and a password. To leave another comment, just use that password.
To create a live link, simply type the URL (including http://) or email address and we will make it a live link for you. You can put up to 3 URLs in your comments. Line breaks and paragraphs are automatically converted — no need to use <p> or <br> tags.
