Deutsche Telekom Boosts Earnings, Adds Millions of Customers

Deutsche Telekoms third-quarter earnings soar, with a 14.3% increase in adjusted net profit to €2.7 billion. The companys net revenue grew by 3.3% to €28.9 billion, driven by strong performance in the US and Europe. Service revenue also saw a healthy increase of 3.6%. Despite market challenges, Deutsche Telekom is committed to shareholders, planning a record dividend and share buyback program. The companys fiber network in Germany now reaches nearly 12 million households, with 155,000 new customers in the third quarter. In the US, T-Mobile US added 2.3 million new customers, significantly boosting its full-year forecast.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.