Deutsche Telekom said on Thursday it would slash 10,000 jobs worldwide at its loss-making IT services subsidiary in the next three years as it seeks €600 million in savings.
A British man admitted in a Cologne court on Friday to staging a large-scale cyber attack on Deutsche Telekom last year, saying he was acting for a Liberian client.
Deutsche Telekom is planning to cut at least 6,000 and possibly as many as 8,000 jobs at its IT subsidiary T-Systems, the business newspaper Handelsblatt reported on Monday.
Germany’s biggest communications company, Deutsche Telekom, has put forward plans for the country to use German only connections in a bid to combat the threat of foreign spy agencies and hackers.
British secret services have been tapping into German telecommunication cables, giving them wider access to internet connections across Germany than previously thought, a newspaper reported on Wednesday night.
German telecommunications giant Deutsche Telekom said on Thursday that multi-billion-euro writedowns in the United States had pushed it into a net loss of €5.255 billion in 2012.
Deutsche Telekom will cut 1,200 jobs in Germany by June in what it termed "reorganization" rather than a downscaling operation, the <i>Handelsblatt</i> reported on Thursday.
Economy Minister Philipp Rösler is planning a sell-off of state-owned companies such as Deutsche Telekom and Deutsche Bahn, according to a position paper from his ministry.
German telecoms giant Deutsche Telekom said on Thursday that its chief executive Rene Obermann would step down early, at the end of 2013, and was being replaced by its finance chief.
More than 100,000 Deutsche Telekom customers have been told to turn off their wireless internet routers after the company admitted their connections were wide open to being used by others.
People with T-Mobile phones could soon find Groupon offers popping up on their phones for shops they are walking past, as Deutsche Telekom confirmed it had entered a marketing deal with the US-based discount website.
AT&T has abandoned its $39-billion (€30-billion) deal to buy Deutsche Telekom's US wireless unit T-Mobile after running into stiff opposition from American regulators.
US and German telecommunications giants AT&T and Deutsche Telekom said on Thursday they are preparing for the potential collapse of their $39-billion (€29-billion) deal for T-Mobile USA.
The Stuttgart prosecutor’s office has indicted five employees affiliated with Volkswagen and Deutsche Telekom subsidiary T-Systems in connection with an alleged anti-competitive bribery scheme involving VfL Wolfsburg football club.
Deutsche Telekom has suffered a major blow at the hands of the US Justice Department, which could block the sale of the German telecom giant's US subsidiary T-Mobile to the corporation AT&T.
German telecommunications operator Deutsche Telekom said Thursday that its second quarter net profit fell by 26.7 percent owing to restructuring costs, but confirmed its full-year targets.
German communications giant Deutsche Telekom will cut up to 1,600 jobs in its Bonn headquarters as part of an aggressive cost-cutting measure targetting senior management, media reported Monday.
Daimler and Deutsche Telekom may have to strike a billion-euro compensation deal with the government over the disastrous introduction of a truck road toll in Germany more than six years ago.
The Greek government on Thursday approached Germany's Deutsche Telekom to discuss the sale of the state's remaining stake in Balkans telecoms giant OTE.
Stuttgart state prosecutors are investigating high-level employees at both Volkswagen and Deutsche Telekom on suspicion of corruption between the two major German companies, a media report said Tuesday.
Thirteen leading European firms including Germany's RWE, EON and Deutsche Telekom have reportedly urged the European Union to impose sanctions on Hungary for anti-competitive measures.
German companies have contributed some $1.7 million to candidates and parties running for the upcoming US midterm elections, with pharmaceutical company Bayer donating the most cash, a media report said on Friday.
The Bonn state prosecutor’s office is investigating Deutsche Telekom CEO René Obermann and seven others on suspicion of bribery in Macedonia and Montenegro.
