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Deutsche Telekom AG (DTEGF)

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19.16-0.12 (-0.62%)
As of 09:48AM EDT. Market open.
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  • Reuters

    UPDATE 1-Deutsche Telekom lifts profit view, aims for T-Mobile majority soon

    Deutsche Telekom on Thursday raised its annual earnings forecast for the second time after beating quarterly estimates, and said it could achieve its goal of a majority stake in U.S. unit T-Mobile much sooner than 2024. The company has said it wants to own a majority of T-Mobile, which led much of the group's subscriber growth in the second quarter, over the medium term. Deutsche Telekom now expects to post adjusted earnings before interest, tax, depreciation and amortisation after leases (EBITDA AL) of around 37 billion euros ($38 billion) in 2022, up from previous guidance of more than 36.6 billion euros.

  • Reuters

    Deutsche Telekom lifts profit view, aims for T-Mobile majority soon

    STOCKHOLM (Reuters) -Deutsche Telekom on Thursday raised its annual earnings forecast for the second time after beating quarterly estimates, and said it could achieve its goal of a majority stake in U.S. unit T-Mobile much sooner than 2024. The company has said it wants to own a majority of T-Mobile, which led much of the group's subscriber growth in the second quarter, over the medium term. Deutsche Telekom now expects to post adjusted earnings before interest, tax, depreciation and amortisation after leases (EBITDA AL) of around 37 billion euros ($38 billion) in 2022, up from previous guidance of more than 36.6 billion euros.