Deutsche Telekom grows Q3 net profit 60%

Thursday 5 November 2015 | 08:23 CET | News
Deutsche Telekom reported third-quarter revenue up 9.3 percent to EUR 17.1 billion. Growth slowed slightly from previous quarters due to the new handset leasing model introduced at T-Mobile US. Adjusted EBITDA increased 12.9 percent to EUR 5.2 billion. On an organic basis, excluding exchange rate effects and acquisitions and divestments, revenue rose 2.2 percent and EBITDA was up 8.1 percent.Net profit jumped 59.9 percent to EUR 809 million and was up by 30 percent to EUR 1.0 billion excluding one-time items. Deutsche Telekom said it would continue the high investments in broadband in order

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Categories: General
Companies: Deutsche Telekom / T-Mobile / T-Mobile US
Countries: Europe / Germany / United States
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