German telecom giant Deutsche Telekom AG (DTEGY.PK) announced a 3.5% improvement in first-quarter net profit to 564 million euros, from 545 million euros, with adjusted net profit climbing 30.9% to 767 million euros, from the year-ago quarter's 586 million euros.
On the other hand, the company clocked net revenue of 13.79 billion euros in the quarter, down 4.5%, compared with last year's 14.43 billion euros. At the same time, adjusted EBITDA declined 4.3 percent to 4.3 billion euros, resulting in an unchanged adjusted EBITDA margin of 31.1 percent from the prior year.
Therefore, Telekom confirmed its guidance of free cash flow of nearly 5 billion euros for 2013, with adjusted EBITDA expected to come in at around 17.4 billion euros plus pro rata contribution for the year from the consolidation of MetroPCS. For the first time in 15 quarters, the number of branded customers at T-Mobile USA has risen, bringing with it the turnaround, according to the company.
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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.