Word: telekom
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...more than 9 min. Ullrich's legs are so powerful that while Armstrong often does 100 pedal r.p.m.s up mountains in a low gear, Ullrich rides alongside at 75 r.p.m.s at a higher one. Ullrich came to this tour in the best shape of his life. His team, Deutsche Telekom, seemed to be executing its strategy flawlessly. Until July...
...that day approaching the Alpe d'Huez, one of the most famous climbs in cycling, Armstrong was struggling. For six hours, Ullrich's Telekom team had set a nasty pace; riders were dropping out of the main pack by the minute, from above, looking to be almost falling down the mountain. All of Armstrong's U.S. Postal Service teammates, except for his mountain concierge, Roberto Heras, had slipped into the wake, leaving him unprotected...
...that the large telecom operators' credit ratings might fall into bbb range - the last bracket before junk-bond status - which would make it more expensive for them to finance future investments. Little wonder, perhaps, that some shareholders are calling for the heads of BT chief Peter Bonfield and Deutsche Telekom boss Ron Sommer...
...abandon hope, all ye who own BT shares? Maybe not. France Telecom, Deutsche Telekom and BT all trade for less than half of their 52-week highs. So their share prices already reflect a lot - although perhaps not all - of the bad news about 3G. These big operators still have deep resources to help them survive the near-term shock of paying for UMTS. Deutsche Telekom generates billions in cash from operations, and last June was able to issue the largest-ever corporate bond, to the tune of $15 billion. Telekom's record was broken this year by none other...
Renovation of Berlin's Brandenburg Gate began in November, but the ugly scaffolding that usually surrounds such a building site is nowhere to be seen. Instead, the city's 18th century landmark has been swathed in a series of gigantic posters promoting Deutsche Telekom. The wrapping of construction scaffolding in mammoth ad posters is just one example of "ambient media," a fast-growing marketing genre that's finding new places to advertise in the Old World...