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Telekom reports rise in 1Q profits on sales, lower costs



By MATT MOORE, AP
08 May 2008 @ 01:41 pm EST

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In Europe, revenue from mobile customers was up 1 percent to 4.99 billion euros ($7.7 billion), compared with 4.94 billion euros a year earlier. In the U.S., revenue slipped slightly to 3.461 billion euros ($5.34 billion), compared with 3.468 billion euros a year earlier, even as the number of subscribers at T-Mobile USA rose by 3.4 million to 30.8 million, compared with 27.1 million a year earlier.

In spite of the decrease, the company said that of its total revenue figures, 51.6 percent of its sales came from outside Germany, a good sign for its international expansion.

Deutsche Telekom's closely watched earnings before interest and taxes, used by analysts as a barometer of its operation performance, was 4.686 billion euros ($7.23 billion) in the quarter, on par with last year's figure of 4.682 billion euros.

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