Deutsche Telekom Upcoming Performance Likely to Reassure -- Market Talk
Dow Jones
Jan 28, 2025
0933 GMT - Deutsche Telekom's fourth-quarter results will likely reassure despite fears of rising German mobile competition, UBS analysts write in a note. The company's German business will be relatively resilient as it benefits from family plans, the analysts say. The Swiss bank anticipates a marginal slowdown in total German service revenues due to deferred public sector spending ahead of the German general election on Feb. 23, they add. However, the pricing environment remains healthy, they add. Shares are up 2% at 30.42 euros. (najat.kantouar@wsj.com)
(END) Dow Jones Newswires
January 28, 2025 04:33 ET (09:33 GMT)
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