Financial Times FT.com

Broadband refocus boosts D Telekom

By Gerrit Wiesmann in Berlin and Andrew Parker in London

Published: January 29 2008 18:33 | Last updated: January 29 2008 22:55

Deutsche Telekom last year gained almost as many new customers for high-speed internet lines in Germany as it lost clients abandoning old-style phone contracts, a sign the restructuring of its domestic operations is bearing fruit.

At the same time, Europe’s largest telecoms group said cost cuts would have to continue to help it recover from a crisis in Germany that is expected to see 2007 profits, due at the end of next month, sag below those seen the year before.

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