T-Mobile loses 77,000 subscribers; France & Deutsche Telecoms signs joint venture
Submitted by Seher Dhillon on Sat, 11/07/2009 - 14:47
Germany's Deutsche Telekom said that T-Mobile USA lost 77,000 subscribers during the third quarter, bringing its dollar revenues down by 2.3 per cent year-on-year to $5.4 billion.
T-Mobile lost 140,000 customers and gained 63,000 customers during the third quarter.
However, Deutsche Telekom sales jumped 3 per cent to settle at €3.8 billion, while key operating profit soared 5 per cent to €1.1 billion.
Meanwhile, France Telecom and Deutsche Telecom have signed the final agreement for a joint venture i. e. combining Orange and T-Mobile in Britain.
Negotiations about the joint venture had been started in September, but final agreement was signed on Thursday.




























