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4-Traders Homepage  >  Equities  >  Xetra  >  Deutsche Telekom AG    DTE   DE0005557508

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Deutsche Telekom Eyes Deal With Sky On Bundesliga Matches-Report

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05/20/2012 | 02:21pm CET

Deutsche Telekom AG (>> Deutsche Telekom AG) expects to come to an agreement to cooperate with German pay-TV broadcaster Sky Deutschland AG (>> Sky Deutschland AG) on broadcasting Bundesliga soccer games, German newspaper Tagesspiegel says in a preview ahead of Monday's release.

"We are in negotiations," Niek Jan van Damme, Deutsche Telekom's Board member for Germany, is quoted as saying. "But Sky has paid so much for the rights, that we assume they want to recoup part of the money," he adds.

Nevertheless, van Damme considers Deutsche Telekom's television service "Entertain" completely attractive also without Bundesliga soccer games.

News Corp., which owns Dow Jones, publisher of this newswire, has a 49.9% stake in Sky Deutschland AG.

Newspaper website: http://www.tagesspiegel.de

-Frankfurt Bureau, Dow Jones Newswires; 49-69-29725-500.

Stocks mentioned in the article : Deutsche Telekom AG, Sky Deutschland AG
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Financials (€)
Sales 2016 72 430 M
EBIT 2016 8 818 M
Net income 2016 4 766 M
Debt 2016 45 186 M
Yield 2016 3,64%
P/E ratio 2016 17,32
P/E ratio 2017 19,01
EV / Sales 2016 1,68x
EV / Sales 2017 1,66x
Capitalization 76 842 M
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Timotheus Höttges Chairman-Management Board & CEO
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