Welcome to countdown. Breaking news crossing the bloomberg terminal from Deutsche Telekom. Caroline hyde is here. Basically in line with basically flat on last year. It is in line with where analyst had been expected. Sales were tiny bit weaker than had been expected. Analysts wanted 15. 2 billion euros but sales flat on the previous year. This is a Company Facing intense pressure in terms of prices. They have stronger competitors. Its going to up the ante in terms of pricing competition. The chief executive has vowed to revitalize the company, particularly the european operation. The biggest setback of course all over the news yesterday is the u. S. Unit. What will happen after sprint walked away . Sprint walked away because of concern about regulation. They were looking to merge the number three and number four players in the u. S. The regulator came out with a statement yesterday evening saying sprint has to focus attention on the competition in the u. S. And they are quite happy wi
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