Deutsche Telekom raises 2026 guidance on T-Mobile gains
Deutsche Telekom's Upgraded Financial Outlook and Market Developments
Full-Year Outlook Raised Following T-Mobile Performance
May 13 (Reuters) - Deutsche Telekom raised its full-year outlook on Wednesday, echoing the stronger guidance given by its U.S. subsidiary T-Mobile.
2026 EBITDAaL Guidance and Analyst Expectations
The German-based telecoms operator expects its adjusted earnings before interest, taxes, depreciation and amortization after leases (EBITDAaL) to be around 47.5 billion euros ($55.7 billion) in 2026, up from the previously guided 47.4 billion euros.
A company-provided analysts' consensus was expecting a full-year EBITDAaL of 46.6 billion euros on average.
T-Mobile's Growth and Impact on Deutsche Telekom
Increased Forecast for Postpaid Net Account Additions
Earlier in April, T-Mobile raised its forecast for annual postpaid net account additions, driven by strong demand for premium plans and bundled offers.
Performance in the German Market
Revenue Growth and Fixed-Network Line Decline
In its home market of Germany, Deutsche Telekom reported a 2% year-on-year rise in revenue, although it saw a decline of 83,000 fixed-network lines amid persistently sluggish market conditions.
Strategic Considerations and Potential Merger
Assessment of a Major Public Merger
Possible Combination with T-Mobile
The Bonn-based operator has come under heightened attention as it assesses a possible transaction involving a combination with T‑Mobile in what would be the largest public merger to date.
Exchange Rate and Reporting Credits
($1 = 0.8523 euros)
(Reporting by Emanuele Berro in Gdansk, editing by Milla Nissi-Prussak)
