Telegeography notes that, in an interview with German newspaper Frankfurter Allgemeine Zeitung, Deutsche Telekom CFO Timotheus Hoettges said the company is on track to reach full-year targets for operating profit and free cash flow. He did add, however, that due to difficult foreign business, high investments in the US and restructuring of the group’s UK unit, earnings will not improve until the second half and that no miracles should be expected for second quarter figures.
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