SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: maceng2 who wrote (167434)5/22/2002 10:20:07 AM
From: maceng2   of 436258
 
Deutsche Telekom sees losses multiply

Deutsche Telekom has seen its losses multiply by five.

Falling profits at its fixed-line division and write-downs in the value of its acquisitions hit its profits.

Europe's biggest phone company made a net loss of 1.81 billion euros - that's £1.1 billion - for the first quarter.

Last year the loss was just 358 million euros.

T-Com, the company's fixed-line division, accounts for around half of the group's earnings so its problems with fierce competition have affected the whole group.

ananova.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News