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Deutsche Telekom lifts FY forecast after strong Q2

2017-08-03 07:46:00| Telecompaper Headlines

(Telecompaper) Deutsche Telekom has lifted its forecast for full-year adjusted EBITDA, after strong results in the second quarter, led by its operations in the US. Net revenue increased 6 percent in the second quarter to EUR 18.89 billion, and adjusted EBITDA was up 8.9 percent to EUR 5.99 billion. For 2017, the German operator now expects EBITDA of EUR 22.3 billion, up by EUR 100 million from its previous forecast.

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