Deutsche Telekom increases its earnings forecast again



FRANKFURT –


Posted in:
Friday, 9 November 2018 – 12:08 p
| Last update:
Friday, 9 November 2018 – 12:08 p

Deutsche Telekom (Deutsche Telekom) has increased its expected earnings this year thanks to an increase in its activity in the United States and to its stability in the internal market.

The company said its mobile phone network in the United States, T-Mobile, has attracted more new customers and higher profits, and its operations in other regions are doing well, according to Deutsche Telekom president Tim Hoyts.

"Things look better in all areas of the group," he said.

Deutsche Bank increased its operating profit forecast for the current year by 200 million euros (228 million dollars) to 23.6 billion euros.

Company revenues rose 4.7% to 19.1 billion euros in the third quarter of this year.

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