By Cornelius Rahn – Deutsche Telekom AG (DTE), Europe’s biggest telephone company, reported a 37 percent decline in first- quarter profit, led by its Greek and Romanian units and as T- Mobile USA lost customers.
“The difficult economic development in south and east Europe is weighing on our late-cyclical business there,” Chief Executive Officer Rene Obermann said. “On the other hand we’re struggling with regulatory meddling and special taxes.” more> http://tinyurl.com/6j2un9y
