Deutsche Telekom AG rejected Het Financieele Dagblad’s report (citing unidentified sources) that the Dutch mobile network provider T-Mobile plans to cut 25% of its 1.900 staff in the Netherlands and stated that even though it has to become a "leaner and more efficient company," there are no concrete plans for job cuts.

Note that T-Mobile saw its earnings and revenue decreasing by almost 20 and 5 percent (first quarter) respectively.

Sources: NASDAQ.com, Total Telecom