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General

Deutsche Telekom maintains outlook after solid Q1

Wednesday 13 May 2015 | 08:34 CET | News
Deutsche Telekom reported first-quarter net revenue up 13.1 percent year-on-year to EUR 16.8 billion, while adjusted EBITDA increased 11.0 percent to EUR 4.6 billion. Excluding exchange rate effects, particularly the stronger US dollar, and changes in scope, revenues rose 4.7 percent and EBITDA was up 5.6 percent, driven by the improved performance at T-Mobile US. Revenues rose 1.9 percent in Germany and 36.1 percent in the US, but fell 0.6 percent in the rest of Europe and were down 2.5 percent at the Systems Solutions unit. Net profit fell to EUR 787 million from EUR 1.817 billion a year

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