deutschetelekom
German telecommunications firm Deutsche Telekom has seen its net profit plunge 87.1% to €1.98 billion ($2.15 billion) in the first quarter, down from €15.36 billion in the same period last year, the company announced on Thursday. Earnings per share dropped to €0.4 from €3.09 last year, the company said. Last year's result benefited from a special factor resulting from the sale of the majority stake in GD Towers. Adjusted net profit was €2.24 billion in the first quarter, compared to €1.96 billion last year. Adjusted earnings per share were €0.45, compared to prior year's €0.39. Deutsche Teleko...
DPA
German telecommunications firm Deutsche Telekom has seen its net profit plunge 87.1% to €1.98 billion ($2.15 billion) in the first quarter, down from €15.36 billion in the same period last year, the company announced on Thursday. Earnings per share dropped to €0.4 from €3.09 last year, the company said. Last year's result benefited from a special factor resulting from the sale of the majority stake in GD Towers. Adjusted net profit was €2.24 billion in the first quarter, compared to €1.96 billion last year. Adjusted earnings per share were €0.45, compared to prior year's €0.39. Deutsche Teleko...
DPA International
German telecommunications firm Deutsche Telekom has seen its net profit plunge 87.1% to €1.98 billion ($2.15 billion) in the first quarter, down from €15.36 billion in the same period last year, the company announced on Thursday. Earnings per share dropped to €0.4 from €3.09 last year, the company said. Last year's result benefited from a special factor resulting from the sale of the majority stake in GD Towers. Adjusted net profit was €2.24 billion in the first quarter, compared to €1.96 billion last year. Adjusted earnings per share were €0.45, compared to prior year's €0.39. Deutsche Teleko...
DPA Breaking News
German trade union Verdi has called on employees at telecommunications firm Deutsche Telekom to hold strikes and protests in front of the stadiums of the 10 cities hosting the European Championships this summer as part of ongoing wage negotiations. Verdi said on Thursday that the fourth round of negotiations in its wage dispute with Deutsche Telekom in the city of Potsdam, which was originally scheduled to run until Tuesday, had been extended until Friday. Deutsche Telekom announced on Tuesday that it had improved its offer to employees. Verdi rejected the offer as insufficient, but called it ...
DPA
German trade union Verdi has called on employees at telecommunications firm Deutsche Telekom to hold strikes and protests in front of the stadiums of the 10 cities hosting the European Championships this summer as part of ongoing wage negotiations. Verdi said on Thursday that the fourth round of negotiations in its wage dispute with Deutsche Telekom in the city of Potsdam, which was originally scheduled to run until Tuesday, had been extended until Friday. Deutsche Telekom announced on Tuesday that it had improved its offer to employees. Verdi rejected the offer as insufficient, but called it ...
DPA International
German trade union Verdi has called on employees at telecommunications firm Deutsche Telekom to hold strikes and protests in front of the stadiums of the 10 cities hosting the European Championships this summer as part of ongoing wage negotiations. Verdi said on Thursday that the fourth round of negotiations in its wage dispute with Deutsche Telekom in the city of Potsdam, which was originally scheduled to run until Tuesday, had been extended until Friday. Deutsche Telekom announced on Tuesday that it had improved its offer to employees. Verdi rejected the offer as insufficient, but called it ...
DPA Breaking News
German trade union Verdi called a nationwide strike on Sunday at Deutsche Telekom's customer service department as negotiations continue over pay and conditions. The strikes would continue on Monday, Verdi said. More negotiations between the union and the telecoms firm are set for Monday and Tuesday in Potsdam near Berlin. A demonstration is also planned for Monday, with 4,500 employees expected to attend. Verdi is demanding a pay increase of 12% for around 70,000 employees, with a minimum raise of €400 ($432) per month. Telekom recently offered to increase salaries by 4.2% from 2025, with a t...
DPA Breaking News
Im Tarifkonflikt bei der Deutschen Telekom hat die Gewerkschaft Verdi am Sonntag bundesweit zu Warnstreiks im Kundenservice aufgerufen. Diese sollen am Montag fortgesetzt werden, parallel zur vierten Verhandlungsrunde, die für Montag und Dienstag in Potsdam angesetzt ist, wie Verdi mitteilte. Dort ist am Montag eine zentrale Kundgebung geplant, zu der 4500 Beschäftigte erwartet werden. Verdi fordert für rund 70.000 Tarifbeschäftigte eine Einkommenssteigerung von 12 Prozent, mindestens aber um 400 Euro pro Monat, bei einer Laufzeit des Tarifvertrags von zwölf Monaten. Die Telekom hatte zuletzt ...
DPA (German)
Workers at German telecommunications firm Deutsche Telekom are planning a one-day strike at the company as part of wage negotiations, the verdi trade union announced on Friday. The nationwide strike is called for Monday against Telekom, a major provider of phone, internet and mobile service in the country. The strike is intended to put pressure on Telekom to improve its wage offer to workers during ongoing collective bargaining talks. "The employers' offer so far is far from sufficient to meet the employees' expectations. There must be significant movement in the decisive round of negotiations...
DPA Breaking News
German telecommunications giant Deutsche Telekom Deutsche Telekom reported on Friday a loss of about €1 billion ($1.1 billion) for the fourth quarter. That is compared with a profit of €1.01 billion euros in the same quarter a year ago. Excluding special items, the company posted adjusted earnings of €1.8 billion, or €0.37 per share, lower than €1.99 billion, or €0.40 per hare last year. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) increased marginally to €11.619 billion from €11.495 billion a year ago. Deutsche Telekom said its adjusted earnings before int...
DPA International
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