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Deutsche Telekom to Restructure Its IT Departments, FTD Reports

Deutsche Telekom AG plans to combine its information-technology departments in Germany with the aim of saving an amount “in the high hundreds of millions” of euros, Financial Times Deutschland reported, citing people familiar with the plan.

The proposal is to be presented to the company’s supervisory board on Dec. 15, the newspaper said.

To contact the reporter on this story: Jeff Black in Frankfurt at jblack25@bloomberg.net

To contact the editor responsible for this story: Craig Stirling at cstirling1@bloomberg.net

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