FILE PHOTO: Brochures with the logo of Deutsche Telekom AG are pictured at the shop in the headquarters of German telecommunications giant in Bonn, Germany, February 19, 2019. REUTERS/Wolfgang Rattay
BERLIN: Deutsche Telekom reported jumps in quarterly revenue and profit on Thursday following U.S. unit T-Mobile's $23 billion takeover of Sprint, while its underlying performance beat market expectations.
The telecoms group issued fresh guidance for core profits to hit 34 billion euros ($40 billion) this year, above market expectations, but cautioned that the cost of integrating Sprint would dent group cash flow.
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