Loading, Please wait ...


Please contact us if you would like to upgrade your account to include access to financial models

Please contact us if you would like to upgrade your account to include short term strategies for this stock.

DT.N

ISIN: US2515661054
SEDOL: 2281999

Rating:

HOLD

Target Price:

12.15 USD

Investment Horizon:

6 to 12 months


7th May 2009 View Report   Download

1Q 09 News Alert

In 1Q 09, Deutsche Telekom AG (DT) revenues were in line with our estimate. However, the company reported a significant loss at net level, due to impairment loss of €1.8 bn. In addition, the company reported a decline in adjusted profit margins, primarily due to consolidation of Hellenic Telecommunications Organization (OTE). Profit margins were below our estimate due to higher-thanexpected operating expenses and financial expenses, as a percentage of revenues....

21st Apr 2009 View Report   Download

Company News Alert

Deutsche Telekom AG (DT) released today its 1Q 09 revenues and adjusted EBITDA. While revenues were in-line with our estimates, adjusted EBITDA was lower-than-anticipated. In addition, the company revised its adjusted EBITDA and Free cash flow guidance downwards for FY 2009. As a result in light of lower-than-anticipated adjusted EBITDA and downwards revision of adjusted EBITDA and free cash flow guidance, we are downgrading our…

14th Apr 2009 View Report   Download

4Q 08 & FY 2008 Update Report

DT witnessed net-additions in the broadband segment for the first time in the past few quarters reflecting upgraded network quality, strategic marketing offers and reduced tariffs. In order to match pace with the Federal Government’s broadband strategy and to comply with the targets set for 2010 and 2014 DT is aggressively incurring capex in the broadband segment…

27th Feb 2009 View Report   Download

FY 2008 News Alert

Deutsche Telekom AG’s (DT) results were broadly in line with expectations in FY 2008, with a positive performance in 4Q 08. Net income, excluding special items1, was marginally above our estimate, reflecting both the strong operating performance and lower-than-anticipated minority interest. Furthermore, the company reported margin expansion in FY 2008 resulting from reduced cost of sales and selling expenses as a percentage of revenues. We expect this…

25th Nov 2008 View Report   Download

3Q 08 Update Report

CLICK VIEW REPORT TO READ FREE REPORT

Deutsche Telekom AG’s (DT) 3Q 08 revenues were in-line with our estimate, while profit margins were above our estimates, mainly due to higher than anticipated other operating income. We expect profit margins to display an increasing trend going forward due to an anticipated decline in cost of sales and selling expenses due to various costs-cutting measures undertaken by DT, coupled with an anticipated decline in operating expenses…