A good release for Deutsche Telekom but note T-Mobile US had already released its Q3 numbers a week ago so this is not totally a surprise.
We remain at Buy on the stock: the key point to keep in mind is that, if T-Mobile US were to distribute a dividend with its current annual EBITDA less capex of c.€12bn, it could allow Deutsche Telekom to practically double its dividend.
12 Nov 2020
Sprint integration is going very well
Deutsche Telekom AG (DTE:BSE), 0 | Deutsche Telekom AG (DTE:WBO), 0 | Deutsche Telekom AG (DTE:ETR), 0 | Deutsche Telekom AG (0MPH:LON), 0 | Deutsche Telekom AG (DTEGF:OTC), 0 | Deutsche Telekom AG (DTEL:BUD), 0 | Deutsche Telekom AG (1DTE:MIL), 0 | Deutsche Telekom AG (DTEN:MEX), 0 | Deutsche Telekom AG (DTE:PRA), 0 | Deutsche Telekom AG (DTE.EUR:SWX), 0 | Deutsche Telekom AG ADR Cert. Deposito Arg. Repr. 0.3333 ADRs (DTEA:BUE), 0
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Sprint integration is going very well
Deutsche Telekom AG (DTE:BSE), 0 | Deutsche Telekom AG (DTE:WBO), 0 | Deutsche Telekom AG (DTE:ETR), 0 | Deutsche Telekom AG (0MPH:LON), 0 | Deutsche Telekom AG (DTEGF:OTC), 0 | Deutsche Telekom AG (DTEL:BUD), 0 | Deutsche Telekom AG (1DTE:MIL), 0 | Deutsche Telekom AG (DTEN:MEX), 0 | Deutsche Telekom AG (DTE:PRA), 0 | Deutsche Telekom AG (DTE.EUR:SWX), 0 | Deutsche Telekom AG ADR Cert. Deposito Arg. Repr. 0.3333 ADRs (DTEA:BUE), 0
- Published:
12 Nov 2020 -
Author:
Jean-Michel Salvador -
Pages:
3
A good release for Deutsche Telekom but note T-Mobile US had already released its Q3 numbers a week ago so this is not totally a surprise.
We remain at Buy on the stock: the key point to keep in mind is that, if T-Mobile US were to distribute a dividend with its current annual EBITDA less capex of c.€12bn, it could allow Deutsche Telekom to practically double its dividend.