
Deutsche Telekom’s (DT) new chief executive, Ren? Obermann, pledged to continue restructuring of the company to thwart customers from deserting DT’s fixed line unit. To cut costs by $6.7 billion by 2010, he plans to outsource 45,000 jobs to its subsidiary units, which means reduction in payment to employees. The company has also launched several new marketing packages as an effort to regain some of the 1.5 customers it has lost since January 2006.