Deutsche Telekom on Thursday raised its guidance for core earnings this year as it posted solid third-quarter results, saying it planned to pay an annual dividend of 0.60 euros regardless of whether a proposed U.S. merger goes through. Europe’s largest telecoms operator now expects core earnings before interest, taxation, depreciation and amortization after leases (EBITDA AL) of 24.1 billion euros ($26.6 billion). Deutsche Telekom has been lifted by the strong performance of U.S. unit T-Mobile, whose proposed takeover of smaller rival Sprint is on hold pending a court hearing on Dec. 9 into a lawsuit brought by several …read more
Source:: Yahoo Finance
