Deutsche Telekom Earnings Boosted by Momentum in US and Germany [Yahoo! Finance]
DEUTSCHE TELEKOM AG S/ADR (DTEGY)
NASDAQ:AMEX Investor Relations:
telekom.com/en/investor-relations
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Source: Yahoo! Finance
Most Read from Bloomberg Under Trump, Prepare for New US Transportation Priorities Zimbabwe City of 700,000 at Risk of Running Dry by Year-End Saudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency Sace The Urban-Rural Divide Over Highway Expansion and Emissions Arizona Elections Signal Robust Immigration Enforcement Under Trump Adjusted earnings before interest, taxes, depreciation and amortization after leases rose 6.4% from a year earlier to €11.1 billion ($11.7 billion) in the third quarter, the carrier said in a statement on Thursday. Analysts had forecast €11.05 billion, according to the average of estimates compiled by Bloomberg. The German carrier is outperforming its peers in Europe, largely driven by its majority holding in US carrier T-Mobile US Inc., which earlier reported strong subscriber growth for the quarter and raised its 2024 earnings outlook. That stake, along with cost-cutting measures, has allowed the company to improve cash flow
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