(Recasts with Deutsche Telekom denial)
FRANKFURT, Sept 6 Deutsche Telekom
has denied a newspaper report it is considering restructuring
options including thousands of job cuts at its German business,
a review of holdings in eastern Europe and Greece and a partial
sale of subsidiary T-Systems.
German daily Handelsblatt had reported that Deutsche Telekom
was seeking ways to lower its costs, citing unnamed people who
attended a meeting last week at which management and supervisory
board members discussed group strategy.
"This report is a series of speculations, or in short,
nonsense," a spokesman for Deutsche Telekom said in an e-mailed
statement on Tuesday.
He said the company was always cutting headcount in some
areas and creating jobs in others, but that this was a long-term
process that had been ongoing for years.
"There is no new job cutting programme," he said.
(Reporting by Maria Sheahan; Editing by Clarence Fernandez and