Deutsche Telekom Q2 re­sults beat fore­casts

New Straits Times - - Business -

Deutsche Telekom yes­ter­day posted quar­terly re­sults that topped ex­pec­ta­tions, with a nine per cent rise in core profit pow­ered by strong re­sults in the United States and mod­est gains in Ger­many and Europe. Deutsche Telekom nudged up its out­look for core profit to around €22.3 bil­lion (RM113 bil­lion) from €22.2 bil­lion pre­vi­ously. The sec­ond quar­ter re­sults were largely driven by the con­tri­bu­tion from its TMo­bile US busi­ness, which last month said it added more than a mil­lion cus­tomers for the 17th quar­ter in a row.

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