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Deutsche Telekom's earnings up

Deutsche Telekom's earnings up
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Deutsche Telekom has posted quarterly earnings before tax and interest of 5.5 billion euros – up 5.2 percent – and said it is sticking to its full-year profit target.

Sales were 16.2 billion euros, also up 5.2 percent The German firm’s better than expected profit came from strict cost controls, just like its European rivals Telenor, KPN and TeliaSonera announced last week.