09-11-2023 18:01 via telecoms.com

Deutsche Telekom raises guidance yet again after strong Q3

The good times continue to roll at Deutsche Telekom, which has reported solid Q3 earnings growth across all its operations.
The performance led the German incumbent to raise its guidance for the third time this year.
Net profit is the most eye-catching figure – it jumped 21.9% on Q3 last year to €1.9 billion. This was attributed to an expected reduction in integration costs related to US arm T-Mobile’s merger with Sprint. Adjusted for this, net profit was actually down 5.9%.
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