{"id":800927,"date":"2024-02-23T11:11:50","date_gmt":"2024-02-23T11:11:50","guid":{"rendered":"https:\/\/telecomlive.in\/web\/2024\/02\/23\/telekom-forecasts-another-strong-2024-as-customer-base-grows\/"},"modified":"2024-02-23T11:11:50","modified_gmt":"2024-02-23T11:11:50","slug":"telekom-forecasts-another-strong-2024-as-customer-base-grows","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/02\/23\/telekom-forecasts-another-strong-2024-as-customer-base-grows\/","title":{"rendered":"Telekom forecasts another strong 2024 as customer base grows"},"content":{"rendered":"<p>Deutsche Telekom expects stronger earnings and cash flow in 2024, the German telecoms provider said on Friday, after posting full-year results in line with its targets for 2023 buoyed by customer growth in Germany and the United States.<\/p>\n<p>&#8220;Thanks to our growing businesses on both sides of the Atlantic, we are confident we will up the ante yet again in 2024,&#8221; CEO Tim Hoettges said in a statement.<\/p>\n<p>The company, which owns T-Mobile US, expects its adjusted earnings before interest, taxes, depreciation and amortization after leases (EBITDA AL) to increase this year by around 6% to around 42.9 billion euros, it said.<\/p>\n<p>Free cash flow AL is expected to increase by around 16% to around 18.9 billion euros.<\/p>\n<p>In 2023, adjusted EBITDA AL inched up by 0.7% and free cash flow by more than 40%, according to the full-year results.<\/p>\n<p>In its domestic market, Deutsche Telekom said it recorded positive trends in all areas, while its T-Mobile US customer base recorded the largest growth in the industry.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Deutsche Telekom expects stronger earnings and cash flow in 2024, the German telecoms provider said on Friday, after posting full-year results in line with its targets for 2023 buoyed by customer growth in Germany and the United States. &#8220;Thanks to our growing businesses on both sides of the Atlantic, we are confident we will up the ante yet again in 2024,&#8221; CEO Tim Hoettges said in a statement. The company, which owns T-Mobile US, expects its adjusted earnings before interest, taxes, depreciation and amortization after leases (EBITDA AL) to increase this year by around 6% to around 42.9 billion euros, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[8],"tags":[],"class_list":["post-800927","post","type-post","status-publish","format-standard","hentry","category-telecom"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/800927","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=800927"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/800927\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=800927"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=800927"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=800927"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}