Deutsche Telekom Boosts Dividend and Plans €2 Billion Share Buyback
The telecom giant leverages strong U.S. performance to enhance shareholder returns and invest in future growth.
- Deutsche Telekom announces a dividend increase to €0.90 per share, marking a significant rise from the previous €0.77.
- The company plans to repurchase shares worth €2 billion, highlighting its commitment to returning value to shareholders.
- Growth is driven by the success of its U.S. subsidiary, T-Mobile, which has become a major contributor to the company's overall performance.
- CEO Tim Höttges emphasizes the role of artificial intelligence in driving future growth, particularly in the U.S. market.
- Deutsche Telekom aims to increase its fiber optic network in Germany, targeting 2.5 million new connections annually by 2027.