Articles tagged with: T Mobile Uk and Cosmote

Deutsche Telekom Posts Q1 Loss on T-Mobile Write Down

Germany's Deutsche Telekom has reported a net loss of EUR 1.1 billion (US$1.46 billion) for the first-quarter of this year, compared to a profit of EUR 900 million a year ago. The loss was largely blamed on an expected EUR 1.8 billion (US$2.4 billion) write-down on the valuation of T-Mobile UK. Adjusted profit was EUR 700 million (US$931 million), which is a 12.7% decline on the previous year, reflecting a slight downward trend in operational terms.  more

Related Tags: deutsche-telekom, ote, telekom, Germany