Deutsche Telekom AG's (DTEGY.PK) Chairman of the Board of Management, René Obermann, said in a speech during shareholders' meeting that the company continues to look for a long-term solution to improve earnings in its U.S. business. However, a complete sale like the one to AT&T is con-sidered unlikely.
Obermann said, "We must find other ways to increase the return on our capital, or to reduce our capital investment."
Further, the company anticipates revenue to rise to around 29 billion euros in the years ahead. That applies especially to the mobile Internet. Deutsche Telekom's target of 10 billion euros is realistic.
Furthermore, the company aims to grow with its online services, along with Connected Home and with combined IT and telecommunications solutions for corporate customers.
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by RTT Staff Writer
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