Deutsche Telekom Outlook Misses Estimates on Europe Slump [Yahoo! Finance Canada]

DEUTSCHE TELEKOM AG S/ADR (DTEGY)
NASDAQ:AMEX Investor Relations:
telekom.com/en/investor-relations
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Source: Yahoo! Finance Canada
Most Read from Bloomberg Adjusted earnings before interest, taxes, depreciation and amortization after leases will rise about 4.5% this year to €44.9 billion ($47.1 billion), the company said in a statement on Wednesday. Analysts had anticipated adjusted Ebitdaal of €46.9 billion, according to the average of estimates compiled by Bloomberg. Deutsche Telekom, Europe's biggest phone carrier, relies on a majority stake in US operator T-Mobile US Inc. for most of its revenue and profit. While T-Mobile's financial results last month were upbeat, analysts have forecast growth in Germany and the rest of Europe that may slow this year as the continent grapples with price wars and heavy competition. Deutsche Telekom has “always had a knack of being able
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