Deutsche Telekom chairman confirms growth forecasts

Thursday 16 May 2013 | 15:25 CET | News
Deutsche Telekom chairman Rene Obermann has confirmed the group's growth forecasts ahead of its shareholder meeting. He said that the company was investing to grow again, and was looking to stabilise revenue in Germany in 2014. He added that expected income to rise in Europe (adjusted for regulatory and exchange rate effects), and also anticipated growth in the US. He also said that Deutsche Telekom was increasing its capital expenditure to almost EUR 30 billion in the next three years. Growth areas will account for 40-45 percent of total revenue by 2015, up from 24 percent in 2012. The main

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Categories: General
Companies: Deutsche Telekom
Countries: Europe / Germany / United States
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