Deutsche Telekom is one of the biggest Telco Company of the world. The type of traditional ex-monopoly of European countries: big, present in every business, from fix lines to mobile, and internet. Today, they have also ex-Voicestream (actually T-Mobile). The picture is even darker if you think the German government still is a big shareholder.
Last week end, and again, shareholders from DT faced another disappointed figures: The Company said adjusted earnings last year were within its target range of 19.2 billion euros to 19.7 billion euros. Revenue was 61.3 billion euros, missing a target range of 61.5 billion euros to 62.1 billion euros.
Last week end, and again, shareholders from DT faced another disappointed figures: The Company said adjusted earnings last year were within its target range of 19.2 billion euros to 19.7 billion euros. Revenue was 61.3 billion euros, missing a target range of 61.5 billion euros to 62.1 billion euros.
DT CEO is on the job, from two months ago, and the strategy is not clear: ``We're confident that this year we'll be able to improve our market position in the broadband market,'' Obermann said yesterday. ``We must invest to safeguard our position. It's a difficult market''.
Get rid of Telco's! Specially, the ones with a "no focus" strategy.
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