- Reuters
UPDATE 2-Deutsche Telekom's strong Europe growth helps core earnings rise
Deutsche Telekom reported first-quarter adjusted core earnings of 10.5 billion euros ($11.43 billion) on Thursday, with Europe a stand-out as the German telecoms operator highlighted growth across all of its segments. Core earnings for the quarter were slightly above a company compiled forecast of 10.25 billion euros, and the Bonn-based operator said it had achieved record growth in earnings before interest, taxes, depreciation and amortisation after leases (EBITDA AL) of 8.1% in Europe. Telekom attributed the growth to higher customer numbers, price increases and slightly lower energy costs, although its CFO Christian Illek said in a conference call that this will most likely not be sustained over every quarter of the year.
- Bloomberg
Vodafone, Deutsche Telekom Cash Swells: EMEA Earnings Week Ahead
(Bloomberg) -- Cost and capital spending cuts will determine the pace of earnings and cash flow growth for BT Group Plc, Deutsche Telekom AG and Vodafone Plc, reporting this week.Most Read from BloombergTrump Vows ‘Day One’ Executive Order Targeting Offshore WindChina to Start $138 Billion Bond Sale on Friday to Boost EconomyPutin Names Economist as Defense Minister in Surprise ReshuffleGlobal Chips Battle Intensifies With $81 Billion Subsidy SurgeMost of Europe’s biggest carriers have set an “o
- Insider Monkey
20 Richest Billionaires in Telecommunications
In this article, we will look into the 20 richest billionaires in telecommunications. If you want to skip our detailed analysis of the telecommunications market, you can go directly to the 5 Richest Billionaires in Telecommunications. Telecom Industry: Rising Market Trends and Startups The global telecommunication market saw a growing trend of adoption of technologies […]
