German Giant Changes Rules

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Frankfurt, Germany -- Sources confirmed German news reports
last week that telco and MSO Deutsche Telekom A.G. has scaled back the amount of equity it
intends to sell in its cable systems --- from 35 percent to 75 percent -- as previously
planned.

Deutsche Telekom also intends to float 40 percent of that
equity on the stock market within the next couple of years. While Deutsche Telekom sources
claim the giant hopes to boost the expected income from the sale through such a step, it
also could indicate that potential investors did not like the conditions under which the
German company wanted to sell the shares.

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