The 2022 financial statements are positive for three of the main European telco companies. Ok from the EU for the birth of the joint venture that wants to challenge big tech on online advertising
The German public telephone company brings Ebitda to 37 billion and aims to increase its presence in the US
The federal judge authorizes the 26 billion dollar wedding that will reshape the US market - a market divided into three operators: AT&T, Verizon and the new T-Mobile.
Stock exchanges fluctuate throughout Europe - Unilever collapses in London after Kraft's withdrawal - Deutsche Telekom runs - The FtseMib fluctuates around 19 basis points in Piazza Affari - Only Bologna Airport shines (+4,6%)…
The positive trend of the quarterly accounts is linked above all to the weakness of the euro, which has produced an acceleration in turnover in the United States
The German group's net profit in the first nine months of 2013 was 2,4 billion euros, up 2,7% year on year.
The EU antitrust authority has carried out searches of the offices of Deutsche Telekom, Orange and Telefonica on suspicion that they have abused their dominant internet connection position. Companies risk fines amounting to 10% of their global turnover
Adjusted Ebitda, net of extraordinary items, stood at 4,29 billion, while revenues decreased by 4,5%, to 13,79 billion, slightly below the consensus of 13,84 billion.
The result was affected by the write-down of 7,4 billion of the goodwill of the American subsidiary T-Mobile USA.
For the 15th consecutive month, the manufacturing PMI in the Eurozone falls and the shadows over Greece do not completely clear up: by mid-day, Piazza Affari loses 0,6% - Euro and oil down - Spread stable - The cut…
Deutsche Telekom, which controls T-Mobile, is in talks with MetroPCS to merge the activities in the United States - In the past the Antitrust had blocked the agreement with AT&T - MetroPCS shares fly on the Stock Exchange.
The telecommunications group closed the quarter with a net profit of 614 million euros, confirming the dividend of 0,70 euros.
The big names in German business have clearly distanced themselves from the sortie of Reitze (Linde) who hypothesizes Germany's exit from the eurozone - Be careful, however, with regard to Merkel's hesitant policy.