|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||17.57 - 18.02|
|52 Week Range||17.57 - 22.23|
|Beta (5Y Monthly)||0.72|
|PE Ratio (TTM)||13.88|
|Forward Dividend & Yield||0.71 (3.76%)|
|Ex-Dividend Date||Apr 06, 2021|
|1y Target Est||23.47|
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(Bloomberg) -- Europe’s biggest telecommunications companies are finally abandoning their deal-making hesitancy. They may be too late to beat the kingpins of private equity.Most Read from BloombergChina Cash Flowed Through Congo Bank to Former President’s Cronies‘Pension Poachers’ Are Targeting America’s Elderly VeteransReliving the New York Subway Map DebateKKR & Co Inc. has proposed a 10.8 billion euro ($12.2 billion) buyout of Telecom Italia SpA in what would be one of the biggest private equ
BERLIN (Reuters) -Deutsche Telekom is preparing to sell its troubled IT services unit, T-Systems, Manager Magazin reported on Thursday, citing people familiar with the matter. Business daily Handelsblatt reported separately that Deutsche Telekom was also considering a spin-off of T-Systems, which it has already discussed with the German government, which owns a 30.5% stake of Deutsche Telekom. In any spin-off, Deutsche Telekom and the German government would each hold a third of T-Systems, while the remaining third would be sold to investors, Handelsblatt said, citing people familiar with the matter.
Deutsche Telekom reported core profit above market estimates on Friday and raised its full-year outlook for the third time, boosted by its U.S. unit T-Mobile, along with growth in European business. On the back of growth across the board, the company increased its dividend to 64 euro cents from 60 euro cents last year.