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Monday, 4 August 2008

DT expected to report fall in sales but rise in net income

Deutsche Telekom (DT) is expected to announce a 23% rise in net income to EUR748 million (USD1.2 billion) when it reports its second quarter results. However, according to a survey of analysts conducted by Bloomberg, sales are forecasted to decline 3% to EUR15.1 billion. DT will publish its results on Thursday.