BLOOMBERG Countdown August 7, 2014
Welcome to countdown. Breaking news crossing the bloomberg terminal from Deutsche Telekom. Caroline hyde is here. Basically in line with basically flat on last year. It is in line with where analyst had been expected. Sales were tiny bit weaker than had been expected. Analysts wanted 15. 2 billion euros but sales flat on the previous year. This is a Company Facing intense pressure in terms of prices. They have stronger competitors. Its going to up the ante in terms of pricing competition. The chief executive has vowed to revitalize the company, particularly the european operation. The biggest ...