LOGO
LOGO

Quick Facts

Deutsche Telekom Expects Revenue To Rise To Around EUR 29 Bln In Years Ahead

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Deutsche Telekom AG's (DTEGY.PK) Chairman of the Board of Management, René Obermann, said in a speech during shareholders' meeting that the company continues to look for a long-term solution to improve earnings in its U.S. business. However, a complete sale like the one to AT&T is con-sidered unlikely.

Obermann said, "We must find other ways to increase the return on our capital, or to reduce our capital investment."

Further, the company anticipates revenue to rise to around 29 billion euros in the years ahead. That applies especially to the mobile Internet. Deutsche Telekom's target of 10 billion euros is realistic.

Furthermore, the company aims to grow with its online services, along with Connected Home and with combined IT and telecommunications solutions for corporate customers.

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

Latest Updates on COVID-19