© Reuters. FILE PHOTO: A woman carrying her phone passes by the logo of German telecommunication company “Deutsche Telekom” at the ITS World Congress 2021, a fair for intelligent transport systems, in Hamburg, Germany, October 13, 2021. REUTERS/Fabian Bimmer
BERLIN (Reuters) – Deutsche Telekom (OTC:) nudged up its full-year guidance on Thursday as the U.S. dollar’s appreciation helped buoy third-quarter profit and its T-Mobile USA business added customers.
The telecoms operator reported a rise in third quarter adjusted net profit of 80% to 2.4 billion euros and said it planned to increase its dividend to 0.70 euros per share from 0.64 euros in 2021.
In organic terms, it expected full-year adjusted EBITDA AL to come in at more than 37.0 billion euros, up from previous guidance of around 37.0 billion.
“We are once again proving to be an anchor of stability in difficult times,” said Tim Hoettges, chairman of Deutsche Telekom’s management board.
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