(Reuters) - Shares in Sprint Nextel soared on Monday, boosted by a newspaper report that Deutsche Telekom was mulling a bid for the U.S. mobile operator.
Following are key facts about Deutsche Telekom and Sprint Nextel:
* KEY DATA (Three months to June 30
Revenue: 16,238 million euros
Net profit: 521 million euros
Total Assets: 132,902 million euros
Cash & Equivalents: 5,836 million euros
Number of fixed network lines: 39.6 million
Number of broadband lines: 17.2 million
Number of Mobile customers: 149.8 million
* RECENT EVENTS
-- Deutsche Telekom last week agreed a deal with France Telecom to combine their British mobile phone businesses T-Mobile and Orange to create Britain’s leading mobile operator with a combined customer base of 28.4 million.
-- The Bonn-based company said in April it planned to combine its German fixed-line and wireless units into a single division to save costs.
* KEY DATA (Three months to June 30)
Revenue $8,141 million
Net loss $384 million
Total Assets $55,885 million
Cash & Equivalents $4,592 million
Wireless customers 48.8 million
* RECENT EVENTS
-- The No. 3 U.S. mobile service provider said in January it was cutting up to 8,000 jobs, or about 14 percent of its workforce, as part of a plan to reduce annual labor costs by $1.2 billion.
-- Last October, Sprint announced plans to retain its customer-losing iDen network after efforts to sell it failed.
Sources: Reuters; www.sprint.com; www.deutschetelekom.com
Writing by Jijo Jacob, Bangalore Editorial Reference Unit; Editing by Dan Lalor
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