Deutsche Telekom plans to increase investments

Deutsche Telekom AG plans capital investments of around €7bn this year, up from 2003's €6.2bn, and also has at its disposal an additional €1.5bn for use in "specific investment opportunities," according to Karl-Gerhard Eick said, the company's chief financial officer .

Eick said at a conference following the release of 2003 results, that such opportunities may include investing in additional spectrum in the US beyond the company's normal capex requirements.