Deutsche Telekom: An important milestone

Good news for Deutsche Telekom from the USA: T-Mobile US reports strong figures. T-Mobile’s third-quarter revenue was $ 19.3 billion and adjusted EBITDA was $ 7.1 billion. Almost 2 million customers have been acquired. The US subsidiary now has more than 100 million customers. That is a milestone for the group.

With the numbers, T-Mobile US increases the forecast. In the second half of the year there should be an EBITDA of $ 13.6 billion to $ 13.7 billion. The old estimate was $ 12.4 billion to $ 12.7 billion.

The DZ Bank analysts are surprised at how significantly the forecast has been raised.

You confirm the buy recommendation for the shares of Deutsche Telekom. The price target for the papers from Bonn remains at EUR 19.50.

Not surprisingly, the course of the Telekom reacts to the US news. The paper gains 3.6 percent in the morning to 14.41 euros.


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