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Deutsche Telekom Raises 2022 Outlook on US Customer Growth

  • Company raised 2022 Ebitdaal guidance to 37 billion euros
  • Sales fell at US business on handset leasing revenue declines
The Deutsche Telekom AG offices in Berlin.

The Deutsche Telekom AG offices in Berlin.

Photographer: Krisztian Bocsi/Bloomberg
Updated on

Deutsche Telekom AG raised its 2022 earnings guidance for the year after forecasting accelerating customer additions in the US business and posting better-than-expected revenue growth in its European markets. 

The German telecom giant raised its full-year guidance for earnings -- before interest, taxes, depreciation, amortization after leases -- to 37 billion euros ($38.1 billion) from 36.6 billion euros, the Bonn-based company said in a statement on Thursday.