Profit margin to stay under 30% T-Mobile USA to invest EUR 7 billion in networks
T-Mobile USA's headquarter
T-Mobile USA unit said it will invest EUR 7 billion between 2007 and 2009. The investment goes towards company's 2G and 3G deployment.
T-Mobile USA chief executive Robert Dotson said at an investors' conference that this cost impact will prevent the company from reaching a profit margin in the mid-30 pct range in the next two years. He was generally positive about reaching that range, but did not specify a time frame, Newstex reports.
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