View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
March 12, 1997updated 05 Sep 2016 12:03pm

DEUTSCHE TELEKOM PROMISES BIG INCREASE IN EARNINGS

By CBR Staff Writer

Deutsche Telekom AG told a Hannover Fair audience yesterday it expects profits to double this year and that it will expand co- operation between its T-Online service and Microsoft Corp. Chairman Ron Sommer said net profit at the parent company rose 23% to the equivalent of $938m last year, assuring the dividend. Group net profit will, of course, be higher than this, he said. Sommer declined to give details about 1996 group results before the planned annual news conference in May, but said the first months of 1997 showed that the company was on track to meet its forecasts and to pay a dividend of 1.20 marks for 1997.

Content from our partners
Green for go: Transforming trade in the UK
Manufacturers are switching to personalised customer experience amid fierce competition
How many ends in end-to-end service orchestration?

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU