Deutsche Telekom plans to keep up job cuts: CEO
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Deutsche Telekom  plans to keep on cutting jobs and may consider small investments in emerging markets, its chief executive said in extracts of a newspaper interview released on Sunday.
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After five weeks of strikes, management and unions at Deutsche Telekom returned to the negotiating table Wednesday to try and resolve their dispute over a radical shake-up of the German telecom&#39;s services unit.
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German phone giant Deutsche Telekom said Saturday it plans to buy back full control of its Internet unit by next year to profit from burgeoning demand for broadband Internet services, a move that could cost the company euro2.
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HP CEO wants more cuts to increase profitability and grow the company.
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EasyJet founder Stelios Haji-Ioannou is in talks with Deutsche Telekom to launch cut-rate mobile telephone service in Germany, he has told daily newspaper Der Tagesspiegel.
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Germany's Deutsche Bank, often accused of neglecting its domestic business in favor of more lucrative investment banking activities, plans to reshuffle its management team to bolster its position at home, a banking source revealed.
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Pressure is mounting on embattled Deutsche Telekom chief executive Kai-Uwe Ricke to agree to terminating his contract in late 2007 because of his company's problems, press reports said.
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German phone giant Deutsche Telekom said it plans to buy back full control of its Internet unit by next year to profit from burgeoning demand for broadband Internet services, a move that could cost the company euro2.9 billion (US&#36;3.6 billion).
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TOKYO (CBS.MW) -- Deutsche Telekom AG&#39;s top executive has ruled out acquisitions or increased investment for its US Mobile phone business after a Sprint-Nextel merger, according to a published report Tuesday.
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The German computer and telecommunications sector hopes to create around 10,000 new jobs next year, as the hi-tech industry gets back on its feet, according to the head of the Bitkom industry federation.
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Europe&#39;s biggest phone carrier Deutsche Telekom (DTEGn.DE: Quote, Profile, Research) expects customer growth in its high-speed Internet business and at its US mobile business to accelerate in the fourth quarter compared with the
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The head of marketing for T-Mobile,  Deutsche Telekom's (DTEGn.DE) mobile phone operator, will leave  his job at the end of the year as the unit changes its  marketing strategy, T-Mobile said on Tuesday.
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Deutsche Telekom's supervisory board is giving additional functions to Kai-Uwe Ricke, the company said, apparently putting paid to speculation that his days as chief executive were numbered.
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The German government is putting pressure on the management of Deutsche Telekom to settle strikes at Europe&#39;s biggest telecoms operator quickly, the business daily Handelsblatt reported on Friday.
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Deutsche Telekom AG, Europe&#39;s largest telecommunications company, has moved to strengthen its ability to provide bundled voice, data and video services by making an offer to buy back the shares of its Internet subsidiary that it doesn&#39;t already own.
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(InfoWorld) - With the support of German lawmakers, incumbent telecommunications operator Deutsche TelekomÂ is racing into a head-on clash with the European Commission over a decision to keep rival operators off its new high-speed broadband network. The upper house of the German parliament approved a revised telecommunications law on Friday. The law will allow partially state-owned Deutsche Telekom to ban competitors from using its VDSL (Very high bit-rate Digital Subscriber Line) network to sell services. The decision flies in the face of Commission legislation that mandates member states to force telecommunications companies with dominant positions -- in most cases former state-owned monopolies -- into opening their network infrastructure to rival operators on favorable terms. While Deutsche Telekom eventually opened its local-loop infrastructure under pressure from Brussels, the operator has fought attempts to allow competition on its new network. It argues that the VDSL network represents a new market for combined triple-play telephony, high-speed Internet and TV services, and new markets are protected under European Union law; in addition, it needs to protect its â¬3 billion ($3.9 billion) investment in the super high-speed network. German lawmakers have become slightly sympathetic to Deutsche Telekom, which has been bleeding fixed-line customers by the millions and consequentlyÂ forced to lower operating costs, largely through job cuts. Since its privatization, the operator has reduced its workforce from more than 250,000 at the peak to around 180,000 today. Over the years, Deutsche Telekom and the German government have clashed with Brussels on issues including the divestment of the operator's cable TV network and local-loop unbundling. In repeated warnings over the past several months, the Commission has said it will take whatever action is necessary to make Germany observe E.U. law. The issue could land in the European Court of Justice, which is responsible for handling E.U. treaty infringements. Court decisions can take years, however. Rival fixed-line operators, including ArcorÂ & Co., which is owned by the Vodafone Group, have made it clear they don't want the former monopoly telephone operator to be given any advantages to dominate another market as it has with the market for telephone service.
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Siemens AG said Monday it will defer an executive pay hike and contribute the proceeds to a 35 million euro fund to help employees of its former cell phone business.Comment