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Deutsche Telekom AG Message Board

  • lynzie8 lynzie8 Apr 5, 2008 12:27 PM Flag

    Good time to buy DT

    Someone in Barrons gave Magyar a thumbs up in todays paper plus this
    from Bloomberg:

    Ontario Teachers' Fund Buys Deutsche Telekom, NTT Shares

    By Frederic Tomesco

    April 4 (Bloomberg) -- Ontario Teachers' Pension Plan, which leads a group that agreed to pay C$51.7 billion ($51.3 billion) for BCE Inc., also poured more than C$1 billion into Germany's Deutsche Telekom AG and other phone stocks as part of a global bet on the industry.

    Canada's third-largest pension fund manager held 46.6 million Deutsche Telekom shares valued at C$1 billion as of Dec. 31, according to its annual report. A year earlier, Deutsche Telekom wasn't among the fund's holdings of more than C$100 million. Teachers' oversees C$108.5 billion, 47 percent of which is invested in equities.

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