Irish face long wait for Deutsche Telekom pay-off

Thousands of Irish investors who bought into the share issues of Deutsche Telekom (DT) in 1999 and 2000 are unlikely to be in the money for the foreseeable future, despite Europe's largest phone company reporting €1 billion in first-quarter profit la

14th May, 2005

Thousands of Irish investors who bought into the share issues of Deutsche Telekom (DT) in 1999 and 2000 are unlikely to be in the money for the foreseeable future, despite Europe's largest phone company reporting €1 billion in first-quarter profit last week.

The Sunday Business Post has established that 3,000 Irish residents - or about half of the total number who originally bought stock - continue to hold their DT shares.

The share price of DT would have...

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