Deutsche Telekom AG (DT: chart) net profit in the second quarter was 943 million euro ($1.17 billion), up versus 577 million euro a year ago. Earnings before interest, depreciation, taxes and amortization, adjusted for special items, advanced 6% to 5.2 billion euro, while sales increased 2.6% to 14.7 billion euro. The company reported its financial results under International Financial Reporting Standards.

T-Mobile, with units worldwide, added 1.9 million more customers during the latest quarter. T-Mobile USA remained strong with 972,000 more customers, but T-Mobile also managed to add 623,000 customers in Germany and now has 19.2 million customers in the U.S. and 28.2 million customers in Germany.

On Wednesday, Deutsche Telekom announced it plans to acquire Austria's No.4 wireless operator Tele.ring for 1.3 billion euro, and fold the business into its T-Mobile Austria unit so that it becomes No.2 in one of Europe's busiest mobile markets.

The strong performance in wireless and high-speed Internet helped offset weakness in the company’s traditional fixed-line voice business in the second quarter.

T-Mobile reported a 17% increase in adjusted Ebitda, to 2.5 billion euro vs. 2.1 billion euro.

Compared with the end of 2004, net debt increased by 5 billion euro 44.5 billion euro primarily due to payments for network infrastructure in the U.S. and dividend payments.

For 2005, Deutsche Telekom backed guidance of an adjusted Ebitda of between 20.7 billion and 21 billion euro. It plans to invest 7.5 billion to 8 billion euro in property, plant and equipment, expects free cash flow to be in the same order of magnitude, before special expenses such as acquisitions.

Creative Technology Ltd. (CREAF: chart), Singapore-based digital entertainment company, reported a 4Q net loss of 38 cents a share vs. net earnings of 8 cents a share a year earlier, blaming the quarterly loss on the lower-than-expected selling prices for MP3 players and inventory write-downs. Net sales rose to $305.4 million vs. $201.8 million last year.

Standard Parking Corp. (STAN: chart), Chicago-based parking management service company , reported 2Q net earnings of 40 cents a share vs. a net loss of 24 cents a share a year ago. Revenue rose to $147.4 million vs. $140.9 million last year. The company sees 2005 earnings in the range of $1.40 - $1.50 a share.

Zoltek Companies Inc. (ZOLT: chart), carbon fiber developer, reported a 3Q net loss of 8 cents a share vs. net earnings of 4 cents a share a year ago. Revenue rose to $19.7 million vs. $13.3 million a year earlier.

Interchange Inc. (INCX: chart) , paid-search advertising services provider, reported a 2Q net loss of 10 cents a share vs. net earnings of 2 cents a share last year. Revenue rose to $4.8 million from $4.3 million. Interchange also cut its 3Q revenue guidance to a 3Q net loss of $1.5 - $1.6 million, or 17 - 18 cents a share, on revenue of $4.3 - $4.6 million. In April, it had targeted a 3Q loss of 6 - 9 cents a share on revenue of $6.1 - $6.4 million.

Tommy Hilfiger Corp. (TOM: chart), clothing retailer, reported preliminary 1Q revenue of $319 million, down vs. $329 million a year ago. The company expects to post a narrower loss vs. the same period a year earlier. Tommy Hilfiger forecast 2006 capital expenditures of $90 million.

Advance Auto Parts Inc. (AAP: chart), auto parts retailer, reported 2Q net earnings of 90 cents a share vs. 70 cents a share, in the year-ago quarter, beating analysts’ estimate of earnings at 87 cents a share. Net sales rose to $1.02 billion vs. $908.4 million last year. The company sees 3Q earnings at 78 - 83 cents a share and 4Q per-share profit at 50 - 54 cents. For 2005, the company lifted its earnings forecast to $3.12 - $3.18 a share.

Sourcecorp Inc. (SRCP: chart), business process outsourcing services provider, reported 2Q net earnings of 33 cents a share, up 11% vs. 30 cents a share a year ago. Revenue rose to $106.5 million vs. $97.1 million last year. The company cut its 2005 earnings forecast to $1.27 - $1.47 a share from $1.35 - $1.55 a share. Sourcecorp also lowered its 2005 revenue outlook to $405 - $415 million from $400 - $425 million targeted earlier.

Rupert Murdoch's News Corp. (NWS: chart) said its 4Q profit rose 67% to 22 cents a share vs. 15 cents a share, in the year-ago period on higher operating profits at its filmed entertainment and cable network divisions. Revenue rose 12% to $6.1 billion. Analysts expected a profit of 17 cents a share on revenue of $5.86 billion.

TOM Online (TOMO: chart), Chinese Internet services company, announced that 2Q net profit rose 1.8% to 19.5 cents a share on record revenue up 38.5%, missing analysts’ estimate of 20 cents a share.

Liberty Global, ex-U.S. cable operator, reversed to a proforma 2Q loss of 67 cents a share despite revenue growth of up 35% and due to increased foreign currency transaction losses.

Spirent, U.K. telecom testing equipment provider, announced it turned to a first-half net loss of 36.8 million pounds vs. a net profit of 12 million pounds in the year-ago period on weak performance in its service assurance division.

Carlsberg, Danish brewer, announced that 2Q net profit reached DKK633 million ($105 million) from DKK178 million in the year-ago period due to special items last year.

Aegon, Dutch insurer, posted a 2Q net income rise of 71% to 760 million euro after 567 million euro of investment gains, with pre-tax operating earnings up 12% to 507 million euro, beating expectations of 450 million euro.

ING Groep, Dutch bank, announced 2Q net profit was down 6.7% to 1.55 billion euro mainly due to gains on divestment in the year-ago period, beating expectations of 1.22 - 1.466 billion euro.