Monday, December 5, 2022

Deutsche Telekom makes a leap in profits

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Europe’s largest telecom group benefited from its telecom sales, which grew disproportionately, as the company announced on Friday in Bonn. At 3.9 billion euros, profit was more than four times as high as in the previous year.

However, this was mainly due to the partial sale of fiber optics plus and the completion of the sale of T-Mobile Netherlands. But even adjusted for this, the profit of 2.2 billion euros was almost twice as high as a year ago.

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