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Deutsche Telekom outlines growth strategy, plans more cost reductions
2018-05-24 09:09:00| Telecompaper Headlines
(Telecompaper) Deutsche Telekom has updated its financial targets at a Capital Markets Day in Bonn. The same as the period 2014-2018, the German operator targets revenue growth of 1-2 percent, adjusted EBITDA growth of 2-4 percent and free cash flow growth of 10 percent on average per year over the period 2017 to 2021. In addition the company plans to to shift its dividend to growth based on adjusted EPS, rather than free cash flow from 2019.
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Deutsche Bank to cut more than 7,000 jobs
2018-05-24 09:03:42| BBC News | Business | UK Edition
The move comes as Germany's biggest lender attempts to return to profitability.
Deutsche Telekom ups FY EBITDA outlook after underlying growth in Q1
2018-05-09 08:02:00| Telecompaper Headlines
(Telecompaper) Deutsche Telekom reported revenues down 3.9 percent year-on-year to EUR 17.92 billion, and adjusted EBITDA was flat at EUR 5.55 billion. Growth was held back by the stronger euro versus the dollar, while on an organic basis, revenues rose 3.1 percent, the company said. Deutsche Telekom also raised its guidance for adjusted EBITDA in the full-year 2018, by EUR 100 million to around EUR 23.3 billion, saying this was due to its "unique growth profile" with operations on both sides of the Atlantic.
FTTH focus drives 32 per cent jump in net profits for Deutsche Telekom
2018-05-09 02:00:00| Total Telecom industry news
Deutsche Telekom has reported a 32.8 per cent jump in net profits, as the company posted a strong set of financials for the first quarter of 2018. Net profits reached &euro…read more on TotalTele.com »
Deutsche Telekom activates first 5G antenna sites in downtown Berlin
2018-05-03 14:40:00| Telecompaper Headlines
(Telecompaper) Deutsche Telekom has activated a set of six commercial 5G antennas in downtown Berlin as it continues to prepare for the roll-out of 5G in 2020. The antennas, contained in three cells, are based on the 5G New Radio (5G NR) standard and are the first in Europe to operate and transmit a 5G data connection over a live network in real-world conditions, said Telekom.
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