Deutsche Telekom gains union deal
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Deutsche Telekom secures a deal that will see 50,000 staff accept both lower pay and longer working hours.
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Ver.di -- the giant services sector union -- said on Thursday that more than 61,000 employees of Deutsche Telekom could be affected by company plans to spin off some services activities, such as call-centres, many more than originally estimated.
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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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Telekom Austria yesterday said it had agreed to buy MobilTel, Bulgaria&#39;s leading mobile telephone operator, in a step widely seen as preparing the way for a big share placement in the Austrian group.
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Deutsche Telekom AG, Europe&#39;s largest phone company, plans to buy out investors in its T-Online Internet division in a transaction worth about 2.9 billion euros ($3.
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Deutsche Telekom  mobile phone division T-Mobile USA has agreed to buy SunCom Wireless Holdings Inc  for about $1.6 billion, the companies said on Monday.
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Germany's KfW state development bank said Monday it was selling up to &#36;3.7 billion in Deutsche Telekom shares and offering options on another &#36;1.2 billion in shares, a move that will cut the German government's stake in the telephone giant by about 7 percent.
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Deutsche Bahn, the state-run rail operator, made an improved offer Thursday in an ongoing wage dispute with employees that led to crippling strikes this week, the company 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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BONN: Deutsche Telekom is bidding â¬2.9 bn for the 26% it does not own in T-Online International, pulling the internet service back into the fold four years after selling stock to the public.
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German industrial giant Siemens has signed a â¬2.69bn contract to deliver technology services around the world to the BBC, a deal that will see it acquire the broadcasterâs technology subsidiary.
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Germany is selling a 4.45 billion-euro ($5.5 billion) stake in Deutsche Telekom AG, making it the fourth European government to sell state assets in the past six weeks to help reduce a deficit that exceeds European Union limits.
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Purchase for $870 million in cash expected to make Telecom Italia second-largest broadband provider in Germany.
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German telecommunications giant Deutsche Telekom has agreed with French firm Vivendi Universal and Polish energy group Elektrim to buy Poland's biggest mobile phone group PTC.
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Telekom Austria AG, the country&#39;s biggest phone operator, won the right to buy Bulgaria&#39;s largest mobile phone company, MobilTel EAD, for 1.6 billion euros ($2.1 billion), an acquisition that would add 3 million subscribers.
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Stake in Deutsche Telekom AG may be sold by Germany for â¬4.45 billion ($5.5 billion) as EU faces finance deficits and seeks for the ways to resolve the problem.
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Nokia and Siemens have  agreed to combine the bulk of their telecom equipment  businesses to create one of the biggest players in the  industry, sending shares in both firms higher.