Deutsche Telekom Earnings Boosted by Momentum in US and Germany

Bloomberg11-14 14:00

(Bloomberg) -- Deutsche Telekom AG, Europe’s largest telecommunications operator, increased profitability in the third quarter through cost discipline and a strong performance in the US and Germany. ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2483576812?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/fgmXUmbkLPLqPFQ7P6Cn4Q--~B/aD0xMzM0O3c9MjAwMDthcHBpZD15dGFjaHlvbg--/https://media.zenfs.com/en/bloomberg_technology_68/bb11f2bdefae5f32a5ce6b3ee743f1fc","is_english":true,"pubTime":"2024-11-14 14:00","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2483576812","market":"us","top_or_hot":-1,"title":"Deutsche Telekom Earnings Boosted by Momentum in US and Germany","media":"Bloomberg","content":"<div>\n<p>(Bloomberg) -- Deutsche Telekom AG, Europe’s largest telecommunications operator, increased profitability in the third quarter through cost discipline and a strong performance in the US and Germany.\n...</p>\n\n<a href=\"https://finance.yahoo.com/news/deutsche-telekom-earnings-boosted-momentum-060001929.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Deutsche Telekom Earnings Boosted by Momentum in US and Germany</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDeutsche Telekom Earnings Boosted by Momentum in US and Germany\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-14 14:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/deutsche-telekom-earnings-boosted-momentum-060001929.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Deutsche Telekom AG, Europe’s largest telecommunications operator, increased profitability in the third quarter through cost discipline and a strong performance in the US and Germany.\n...</p>\n\n<a href=\"https://finance.yahoo.com/news/deutsche-telekom-earnings-boosted-momentum-060001929.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TMUS","symbol_name":"T-Mobile US Inc","start_time":0,"source_url":"https://finance.yahoo.com/news/deutsche-telekom-earnings-boosted-momentum-060001929.html","article_id":"2483576812","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/fgmXUmbkLPLqPFQ7P6Cn4Q--~B/aD0xMzM0O3c9MjAwMDthcHBpZD15dGFjaHlvbg--/https://media.zenfs.com/en/bloomberg_technology_68/bb11f2bdefae5f32a5ce6b3ee743f1fc"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2483576812","pubTimestamp":1731564001,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":" -- Deutsche Telekom AG, Europe’s largest telecommunications operator, increased profitability in the third quarter through cost discipline and a strong performance in the US and Germany.Adjusted earnings before interest, taxes, depreciation and amortization after leases rose 6.4% from a year earlier to 11.1 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, raise its dividend, and invest in technologies such as artificial intelligence. US service revenue rose 4.2% to 15.2 billion.In Germany, the company has been investing heavily in fiber networks a","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"TMUS":"T-Mobile US Inc"},"translate_title":"德国电信盈利受到美国和德国势头的提振","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TMUS":0.9},"content_text":"(Bloomberg) -- Deutsche Telekom AG, Europe’s largest telecommunications operator, increased profitability in the third quarter through cost discipline and a strong performance in the US and Germany.\nAdjusted 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. \nThe 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, raise its dividend, and invest in technologies such as artificial intelligence. US service revenue rose 4.2% to €15.2 billion. \nIn Germany, the company has been investing heavily in fiber networks and customer service, including a loyalty program for residential customers that’s helped reduce the churn rate. Service revenue in the country grew 2.1% to €5.65 billion for the quarter.\n“The growth momentum continues unabated on both sides of the Atlantic,” said Christian Illek, chief financial officer of Deutsche Telekom. “At the same time, we have successfully brought our leverage ratio back down to below our target value.”\nOrganic net revenue for the quarter was up 3.6% to €28.5 billion compared to the same quarter last year.\nDeutsche Telekom raised its 2024 adjusted Ebitdaal outlook slightly to €43 billion, up from €42.9 billion. It expects the same metric to grow by 4% to 6% a year through 2027, Chief Executive Officer Tim Höttges told investors at its capital markets day last month. It also proposed a share buyback program of as much as €2 billion in 2025 and a record dividend of 90 eurocents per share next year for the current financial year.\nDeutsche Telekom shares closed at €27.85 on Wednesday. They have risen 28% so far this year. \n©2024 Bloomberg L.P.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2483576812"}