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To: maceng2 who wrote (167434)	5/22/2002 10:20:07 AM
From: maceng2	Respond to 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