Deutsche Telekom AG (DTEGF) Q3 2024 Earnings Call Highlights: Strong Financial Performance and ... [Yahoo! Finance]
DEUTSCHE TELEKOM AG S/ADR (DTEGY)
NASDAQ:AMEX Investor Relations:
telekom.com/en/investor-relations
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Source: Yahoo! Finance
Deutsche Telekom AG ( DTEGF ) reported a strong financial performance with 4% service revenue growth, 7% core EBITDA growth, 28% free cash flow growth, and 16% adjusted earnings growth over the last nine months. The company upgraded its full-year guidance, reflecting confidence in its performance across both the US and European markets. Every segment contributed to growth, with notable performance in both the US and European segments, particularly in service revenue and EBITDA growth. Deutsche Telekom AG ( DTEGF ) achieved significant progress in its fiber rollout, reaching over 19 million homes, with Germany on track to meet its target of beyond 10 million homes by year-end. The company demonstrated strong ESG performance, reducing CO2 emissions and energy consumption by 5% and 3%, respectively, despite increasing data growth. There is increased competitive pressure in the German market, particularly from competitors in Munich, which has been ongoing since January. The c
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