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General

Deutsche Telekom Q3 results improve on growth in the US

Thursday 7 November 2013 | 09:07 CET | News
Deutsche Telekom reported improved results for the third quarter, helped by the turnaround at its US operations. Revenues were up 6.0 percent year-on-year to EUR 15.5 billion, as 30.5 percent growth in the US offset a 6.0 percent slide in Europe and 1.2 percent lower revenues in Germany. On a pro forma basis for the takeover of MetroPCS in the US, group revenues were still up 2.4 percent. Adjusted EBITDA declined 2.6 percent to EUR 4.7 billion on extra costs for customer growth, but the drop slowed considerably from the 5.2 percent reported in the first half of the year. The net result

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Categories: General
Companies: Deutsche Telekom / MetroPCS
Countries: Europe / Germany / United States
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