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World Business Briefing | Europe: Germany: Telekom Earnings Up
Deutsche Telekom said first-quarter profit rose more than 33 percent on the sale of its media and broadcast unit and lower interest expenses. The company, which provides landline, mobile phone and Internet access, earned 750 million euros ($1.16 billion) in the period, compared with 563 million euros in the year-earlier period. Revenue fell 3 percent to 15 billion euros ($23.2 billion) from 15.5 billion euros.


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Technology Group Plans Wireless Network
A consortium plans to build the first of a new generation of nationwide wireless data networks in a $14.5 billion deal.


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Advertising: Your Chance to Finish a Movie Microsoft Started
Microsoft Corporation is underwriting an online movie-making contest to stimulate sales and burnish the reputation of its Windows Vista operating system.


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