FRANKFURT May 11 Deutsche Telekom
reported a better-than-expected 7.5-percent rise first-quarter
core profit and sales on Thursday, helped by growth in Germany
and the United States.
Adjusted earnings before interest, tax, depreciation and
amortisation (EBITDA), excluding special items, rose to 5.55
billion euros ($6.03 billion), above the average estimate of
5.48 billion euros in a Reuters poll.
Revenues rose by 5.8 percent to 18.65 billion euros, in line
Deutsche Telekom confirmed its 2017 outlook for adjusted
EBITDA of around 22.2 billion euros and free cash flow of 5.5
Last month, T-Mobile US which is 64-percent
controlled by Deutsche Telekom, added more than 1 million
customers for the 16th quarter in a row, at the cost of big
competitors AT&T and Verizon.
($1 = 0.9201 euros)
(Reporting by Harro ten Wolde; Editing by Georgina Prodhan)