DT sells more T-Online shares to cut debt

ITworld.com –

In a move to reduce its massive debt load, Deutsche Telekom AG (DT) said Monday that it will sell additional stock in its Internet subsidiary T-Online International AG.

The move is a first step by newly-appointed Chief Executive Officer Kai-Uwe Ricke to honor his pledge to reduce DT's debt of around

ITWorld DealPost: The best in tech deals and discounts.
Shop Tech Products at Amazon