Deutsche Telekom posts 1.4 billion euro net profit in Q4

German telecoms operator Deutsche Telekom http://www.telekom3.de has announced a swing to a fourth-quarter net profit amid continuing growth at the wireless and high-speed internet businesses, and has raised its 2005 forecast slightly. As the Wall Street Journal (WSJ) http://www.wsj.com reports, Europe's largest telecoms operator reported a net profit of 1.4 billion euros for the fourth quarter, compared to the net loss of 364 million euros it posted a year ago. Sales rose 2.8 per cent to almost 15 billion euros, while earnings before interest, tax, depreciation and amortisation adjusted for special items increased by 5.1 per cent to 4.7 billion euros.