Deutsche Telekom raises forecast to €47.6 billion (about $53.2 billion)
The German telecom company raised its 2026 earnings outlook from €47.5 billion after higher expectations at T-Mobile US.
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The German telecom company raised its 2026 earnings outlook from €47.5 billion after higher expectations at T-Mobile US.
Deutsche Telekom raised its 2026 forecast for adjusted EBITDA AL, a measure of earnings after lease costs, to around €47.6 billion (about $53.2 billion) from approximately €47.5 billion, following higher expectations at T-Mobile US. The company also raised its free cash flow AL forecast, RCR Wireless said in its account of the earnings call.
Third-quarter revenue rose 7.5% from a year earlier to €31.1 billion (about $34.7 billion), while net profit rose 13.8% to €2.8 billion (about $3.1 billion).
T-Mobile US is preparing to invest further in spectrum in 2027. Spectrum is the range of radio frequencies used to carry wireless signals; Deutsche Telekom CEO Tim Höttges described forthcoming US auctions as an opportunity to strengthen the company’s spectrum and network position.
Deutsche Telekom is also exploring a joint bid with three other operators for European mobile satellite service spectrum. Höttges said the group intends to apply for 20 MHz.
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