Deutsche Telekom sees uneasy growth
Article Abstract:
Deutsche Telekom AG of Germany posted a second quarter net profit slide by 14 percent to 1.01 billion Euros as revenue increased 2.6 percent to 15.13 billion Euros. Turnaround strategy that included a year of heavy investments in 2006 is being reexamined. Competition in the telecommunications market is fierce even in the home market of Germany.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
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ProSieben holders to sell stake in private buyout
Article Abstract:
ProSiebenSat.1 Media AG of Germany is to be acquired by Kohlberg Kravis Roberts & Co. of the United States with Permira of the United Kingdom. The bid offer for the German television broadcaster is valued at slightly less than 6 billion Euros (about $8 billion).
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
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Saban-led U.S. consortium decides not to sell ProSieben
Article Abstract:
ProSiebenSat.1 Media AG of Germany has decided against divestment. The premier television broadcaster estimates revenue is up 18 percent to 636 million Euros ($756.5 million) for the fourth quarter from the previous year.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
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