Finland's Wireless Fast Track Thanks in large measure to mobile handset pacesetter Nokia, this small nation, about the size of Montana with a population of some 5 million people, is where the rest of the world looks for wireless guidance. But so far no one is willing to put it together. Printer friendly version.
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The report was a stark reversal from the 500 million euro profit Deutsche Telekom recorded in the year-ago quarter. Analysts said the company was chipping away at those losses because of increasing profit margins at its mobile business. As the number of mobile phone users in Germany nears a saturation point, Deutsche Telekom and its competitors no longer need to win over new customers with rock-bottom subscription fees. That means they can begin raising rates and squeezing out extra earnings. Revenues from mobile phone operations now account for 23 percent of the company's total and are closing in on revenues from fixed-line services.