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Deutsche Telekom Cites Quick Turn Around After Launching New Rates

Deutsche Telekom said its new calling rates are proving extremely popular in its home market and are credited as part on a turn around in its core business.

“In mid-September we launched the best reform of our calling plans ever. Since its introduction seven weeks ago we have netted around 1.8 million orders for the new 3×3 fixed-network calling plans. And in mobile communications, we managed to win 500,000 new contracts,” said Kai-Uwe Ricke, Chairman of Deutsche Telekom’s Board of Management.

By the beginning of November, around 1.8 million orders had been placed with T-Com for one of the new 3×3 rates. The company said that its figures for October showed that a positive trend in the DSL business recorded in the third quarter of 2006 is accelerating. The proportion of new DSL lines connected to T-Com’s network that were marketed by T-Com topped 50 percent in the first month of the fourth quarter.

“This clearly reflects a turnaround. We have clearly gained new strength in competition,” said Ricke.

Adjusted Group EBITDA is now on course to reach the full-year target of between EUR 19.2 and EUR 19.7 billion.

Net revenue in the first three quarters of 2006 rose to EUR 45.5 billion from EUR 44.1 billion in the previous year – an increase of 3.1 percent.

Some other key operational metrics:

Mobile

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