1105 GMT - Deutsche Telekom is likely to reaffirm its group-level guidance when presenting upcoming third-quarter results, Bank of America Global Research analysts write in a note. However, the German telecommunications group could take a more cautious stance on near-term domestic targets amid high competitive pressure, they say. In Germany, capex is likely to rise as DT accelerates fiber deployment in rural areas. This increase should be offset by lower cash taxes due to bonus depreciation, leaving cash flow targets unchanged, they add. The U.S. bank forecasts fixed service revenue growth of 0.3% and EbitdaaL growth of 0.8%--down from around 2% in the second-quarter--before a likely rebound in fourth quarter. Shares are up 0.5% at 29.55 euros. (najat.kantouar@wsj.com)
(END) Dow Jones Newswires
October 16, 2025 07:05 ET (11:05 GMT)
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