Deutsche Telekom gets exchange rate boost in Q2

Published August 9, 2012 3:06pm ET



FRANKFURT, Germany (AP) — An exchange rate shift magnified earnings at Deutsche Telekom’s U.S. business and helped the company post a net profit of €614 million ($756 million) in the second quarter of the year.

Deutsche Telekom also said Thursday it benefited from increased use of data-intensive smartphones.

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