Thursday, August 18, 2022

Deutsche Telekom: mobile is money maker

Mobile communications continues to be the big money maker for Deutsche Telekom AG, as Europe’s largest telecommunications service provider battles stiff competition and falling sales in its core, fixed-line broadband business in Germany.

Thanks to the strong performance of the mobile phone division, particularly in the U.S., and ongoing efforts to improve operating efficiency and reduce costs, net profit in the second quarter rose to

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