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German telecommunications firm Deutsche Telekom has seen its net profit plunge 87.1% to €1.98 billion ($2.15 billion) in the first quarter, down from €15.36 billion in the same period last year, the company announced on Thursday. Earnings per share dropped to €0.4 from €3.09 last year, the company said. Last year’s result benefited from a special factor resulting from the sale of the majority stake in GD Towers. Adjusted net profit was €2.24 billion in the first quarter, compared to €1.96 billion last year. Adjusted earnings per share were €0.45, compared to prior year’s €0.39. Deutsche Teleko…

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