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Deutsche Telekom sells stake in satellite operator SES Global
BONN, Germany (AFP) May 05, 2004
 The German telecommunications giant Deutsche Telekom said Wednesday it has sold a stake of about six percent in the satellite operator SES Global, raising about 260 million euros (315 million dollars).

Out of a total holding of 77.5 million shares, or a stake of about 13.5 percent, Deutsche Telekom has placed 35 million shares as part of the listing of SES Global on the Paris stock exchange, the German group said in a statement.

Deutsche Telekom planned to use the proceeds from the sale to help cut debt.

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