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General

Deutsche Telekom revenues up thanks to growth in US

Thursday 6 March 2014 | 08:45 CET | News
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Deutsche Telekom said it will continue to invest in growing its US business this year, with the aim of growth in group revenues. On a pro forma basis for the takeover of MetroPCS in the US, the German operator expects group revenues up slightly this year and growing faster next year, largely due to the recovery at T-Mobile in the US. Pro forma EBITDA is expected flat this year versus EUR 17.6 billion in 2013, and free cash flow will drop to around EUR 4.2 billion from EUR 4.6 billion, as the company invests in adding more customers and network expansion in the US. While DT expects cash flow

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Categories: General
Companies: Deutsche Telekom / MetroPCS / T-Mobile / T-Systems
Countries: Europe / Germany
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