1014 GMT - Deutsche Telekom will likely benefit from the German fiscal stimulus, UBS analysts Polo Tang and Dhruva Kusa Shah write in a note. "Amid the understandable near-term focus on the impact of tariffs and foreign exchange fluctuations, investors have overlooked the benefits of the proposed German fiscal stimulus that was outlined in the coalition agreement last week," the analysts say. Among the proposals, the suggested corporate tax rate reduction to 25% from 30% and allowing businesses to front-load deductions could reduce taxes for the company, they add. Shares are down 1.2% at 31.67 euros. (najat.kantouar@wsj.com)
(END) Dow Jones Newswires
April 17, 2025 06:14 ET (10:14 GMT)
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