(Corrects headline and first paragraph to read 'fixed line',
FRANKFURT May 3 Telefonica Deutschland
said on Friday its first-quarter fixed line revenue
fell 10.7 percent to 315 million euros ($411.8 million) as
competition in the market heated up.
First-quarter operating profit eased 0.7 percent to 278
The company, which is 79.86 percent-owned by Telefonica
and was listed on the Frankfurt stock exchange late
last year, said it was facing a "demanding market and
competition" this year.
Analysts had expected operating income before depreciation
and amortisation (OIBDA) to reach about 293 million euros.
($1 = 0.7649 euros)
(Reporting by Harro ten Wolde; Editing by Maria Sheahan and