Deutsche Telekom pays above $95m to settle the bribery charge

Deutsche Telekom and Magyar Telekom, its Hungarian subsidiary, agreed to pay about $95m to settle the charges of the US that accused the companies in bribing the officials in Macedonia and Montenegro. The companies wanted officials to keep the competitions out of the market. Deutsche Telekom will not be prosecuted for two years in case the company improves compliance to the law, said the Justice Department.