Deautsche Telekom shows for the first three years of growth
The German telecommunications operator Deutsche Telekom today announced the first in the last three years, growth rates in Europe, as well as subscriber growth from a subsidiary mobile operator T-Mobile US, working in the United States. According to a published report, the company increased revenue in the second quarter by 5.4% to 15.2 billion euros, against expectations at 14.6 billion euros. Cell orperator T-Mobile US in the second quarter increased the base by 688,000 subscribers.
The company shows the first real increase since 2010. In DT reported that in May of this year, closed the transaction to merge T-Mobile US and MetroPCS Communications, which allowed management to better focus on European business.
After the publication of statements of DT shares rose 4.7% to 9.48 euros. Today The company also reduced the annual forecast free cash flow by the end of the year to 500 million euros to 4.5 billion euros. Annual EBITDA is projected at 17.5 billion euros in the second quarter, it fell by 6% to 4.42 billion euros. Net income increased 10% to EUR 530 million.
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