Deutsche Telekom Takes $2.3 Billion BT Writedown, Posts Q4 Net Loss

Deutsche Telekom posted solid domestic earnings growth Thursday but a writedown of its stake in Britain’s BT offset improvements in its U.S. T-Mobile unit. Deutsche Telekom AG posted solid domestic earnings growth Thursday but a writedown of its stake in Britain’s BT Group plc offset improvements in its U.S. T-Mobile unit and pushed Europe’s biggest telco into a fourth quarter loss.