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Deutsche Telekom 1Q08: reliance on US proves costly

by Steven Hartley

13 May 2008

German incumbent Deutsche Telekom has posted its 1Q08 results. Revenues were down 3% year-on-year to €14.98 billion. EBITDA was up 9% to €4.95 billion, mainly due to the sale of the Media and Broadcast unit. As a result net income rose 101% on 1Q07.


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