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The Deutsche Telekom 3Q 2015 results: USA and Germany drive growth, convergence affects profitability

The Deutsche Telekom 3Q 2015 results: USA and Germany drive growth, convergence affects profitability

In 3Q 2015, Deutsche Telekom reported positive year-on-year trends in revenue for the fifth consecutive quarter and in adjusted EBITDA for the fourth consecutive quarter. The profitability of the operator's mobile markets continues to lag behind that of its fixed services, but the difference is getting smaller. This comment presents our view of Deutsche Telekom’s financial and operating results.


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