Deutsche Telekom on Thursday confirmed its full-year profit targets after rising mobile subscriber numbers in the United States and the expansion of its fibre-optic network in Germany buoyed business in the third quarter.
“Deutsche Telekom’s performance in the third quarter of 2015 was dominated by double-digit growth rates in the most important financial indicators,” the company said in a statement.
Net profit increased by 59.9% to 809 million euros (US$879 million) in the period from July to September. Underlying profit grew by 12.9% to 5.2 billion euros on a 9.3% increase in revenues to 17.1 billion euros.
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“Deutsche Telekom’s performance in the third quarter of 2015 was dominated by double-digit growth rates in the most important financial indicators,” the company said in a statement.
Net profit increased by 59.9% to 809 million euros (US$879 million) in the period from July to September. Underlying profit grew by 12.9% to 5.2 billion euros on a 9.3% increase in revenues to 17.1 billion euros.
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