Deutsche Telekom Announces 2012 Financial Results


Rene Obermann , current CEO, and Timotheus Hoettges , designated CEO... News PhotoAnnual Event,Bonn,Business,Business Person,CEO,CFO,Chairperson,Communication,Corporate Business,Deutsche Telekom,Finance,Financial Result,Germany,Governing Board,Horizontal,Mergers and Acquisitions,Press Conference,Rene Obermann,Technology,Telecommunications Equipment,Timotheus HoettgesPhotographer Collection: Ulrich Baumgarten 2013 Ulrich BaumgartenBONN, GERMANY - FEBRUARY 28: Rene Obermann (back), current CEO, and Timotheus Hoettges (front), designated CEO and current financial chairman of the Deutsche Telekom AG, after the annual press conference to announce the 2012 financial results on February 28, 2013 in Bonn, Germany. Deutsche Telekom announced a net loss of 5.25 billion euros for 2012, primarily due to merger-related writedowns in the United States. Chief Executive Rene Obermann also announced that, in spite of the decline in underlying profits, targets had been met for 2012 with stable revenues, allowing the company to maintain its planned dividend. (Photo by Ulrich Baumgarten via Getty Images)