Overview

• Deutsche Telekom raised its full-year operating profit guidance for the second time after beating analyst forecasts with a 4 percent revenue increase to €28.7 billion and a 5 percent rise in EBIT to €11 billion.
• T-Mobile US contributed €7.3 billion—about two-thirds of group operating profit—and posted a record 1.7 million net contract customer additions in Q2.
• Shares fell roughly 5 percent on August 7 as investors grappled with sluggish mobile and broadband growth in Germany alongside Softbank’s discounted sale of 13 million T-Mobile US shares.
• T-Mobile US suspended all diversity, equity and inclusion programs in April under FCC stipulations to secure UScellular and Metronet deal approvals, drawing criticism in Germany for compromising on values.
• Supervisory board members, government officials and employee representatives reproached CEO Timotheus Höttges for praising President Trump’s economic policies and the U.S. efficiency agency DOGE, raising governance concerns.