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Deutsche Telekom AG Message Board

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  • blackoutbuzz blackoutbuzz May 10, 2012 11:38 AM Flag


    Well, it looks like results were better than expected. And T-Mobile could get merged with PCS or S and spun off. I'm in at 11.50.

    Deutsche Telekom AG (DTE), Europe’s second- largest telephone company, reported earnings that beat analysts’ estimates as a decline in European revenue slowed and the T- Mobile USA unit boosted profitability.

    Earnings before interest, taxes, depreciation and amortization excluding some items slipped 0.1 percent to 4.48 billion euros ($5.8 billion) in the first quarter, the Bonn- based company said today. The profit compares with the 4.4 billion-euro average estimate of 21 analysts compiled by Bloomberg. Revenue dropped by a smaller-than-projected 1.1 percent to 14.4 billion euros.

    The Deutsche Telekom AG company logo is seen outside the company's headquarters in Bonn. Photographer: Hannelore Foerster/Bloomberg
    T-Mobile USA, the unit that’s trying to hold onto its subscribers after a botched sale to AT&T Inc. (T) last year, increased profit as prepaid clients helped offset the loss of 510,000 contract customers in the quarter. Deutsche Telekom is discussing a merger of the division with MetroPCS Communications Inc. (PCS) as it reviews options for the business, people familiar with the matter said.

16.79-0.12(-0.71%)Aug 26 3:58 PMEDT