)
Company Research25 Mar 2024
Companies That Had Their IPO in 1997: Tech and Internet Fever
An overview of the IPO landscape and stock market sentiment as the dot com bubble slowly started to take shape.
Deutsche Telekom (DTE) investor relations material
Deutsche Telekom Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary13 Nov, 2025
Executive summary
Achieved 3.7% organic service revenue growth, 4.4% organic EBITDA AL growth, 6.8% free cash flow growth, and 9.5% adjusted EPS growth year-to-date, with net revenue up 3.0% to €87.4 billion and net profit up 12.2% to €7.9 billion.
Raised group guidance for 2025, reflecting T-Mobile's increased outlook and record U.S. postpaid net adds, while maintaining DT ex US guidance; Moody's upgraded credit rating to A3.
Announced a proposed €1.00 per share dividend for FY 2025, a €2 billion share buyback in 2026, and nearly €7 billion in total shareholder returns.
Strategic progress includes major U.S. acquisitions (UScellular, Metronet, Vistar Media, Blis), record fiber build in Germany, and launch of Europe's first industrial AI cloud with NVIDIA.
ESG progress recognized with awards; energy consumption and CO2e emissions reduced despite higher data usage.
Financial highlights
Q3 2025 revenue rose 1.5% year-over-year to €28,935mn; 9M revenue up 3.0% to €87,361mn; adjusted EBITDA AL margin stable at 38.2%.
Q3 2025 adjusted net profit up 14.3% to €2,670mn; 9M up 8.0% to €7,617mn; adjusted EPS for 9M 2025 increased 9.5% to €1.56.
Free cash flow AL before dividends and spectrum investment increased 6.8% to €16.1 billion year-to-date.
Net debt decreased by €4.5 billion to €132.8 billion; equity ratio at 31.9%.
Cash capex (before spectrum) rose to €12.2 billion, mainly from U.S. network investments.
Outlook and guidance
Group guidance for 2025 raised: adjusted EBITDA AL expected at ~€45.3 billion, free cash flow AL at ~€20.1 billion, and adjusted EPS at ~€2.00 per share.
T-Mobile US 2025 guidance based on US GAAP midpoint of $33.8bn core adjusted EBITDA and $17.9bn FCF.
DT ex US 2025 guidance unchanged at $15 billion EBITDA and $3.6 billion free cash flow.
German segment expects Q4 EBITDA growth above 2% and improved trend into 2026, supported by cost savings and easing wage/energy headwinds.
Guidance assumes a 1.08 EUR/USD exchange rate.
US M&A: What are the key synergy drivers?
What underpins the 2025/2026 shareholder returns?
How do new tariffs impact procurement risk?
Quantify AI revenue opportunities beyond cost savings
German broadband: How will new strategy drive net adds
Future capital allocation: What strategic priorities
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Deutsche Telekom earnings date
Q4 202526 Feb, 2026
Next Deutsche Telekom earnings date
Q4 202526 Feb, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
German Telecommunications
Deutsche Telekom AG, headquartered in Bonn, Germany, is one of Europe's leading telecommunications companies. Established in 1995, it stemmed from the former state-owned monopoly, Deutsche Bundespost. Deutsche Telekom's operations span from fixed-line and mobile communications to internet services and IT solutions. Recognizable by its magenta-colored branding, the company has a significant presence not only in Germany but also in many parts of Europe and other global regions. Beyond its domestic market, T-Mobile, a subsidiary of Deutsche Telekom, has established a strong market presence in the U.S. telecommunications industry.
Roots in a State Monopoly
Deutsche Telekom's roots lie in the "Deutsche Bundespost," Germany's state-controlled postal and telecommunications monopoly. By the 1980s, a global trend toward deregulation and privatization prompted Germany to reevaluate this structure. In 1989, the Postreform II legislation divided the Bundespost into three entities: Deutsche Post (present-day DHL), Deutsche Telekom, and Deutsche Postbank. A pivotal moment occurred in 1995 when the company underwent an initial public offering, transforming the telecommunications company, previously owned by the state, into a publicly traded entity.
A Key Player
Deutsche Telekom AG stands as one of Europe's largest telecommunications providers, with a footprint that extends globally. The company operates across a spectrum of services: fixed-network, broadband, mobile communication, and IPTV for consumers, as well as ICT (Information and Communication Technology) solutions for business and corporate clients. Its mobile communication services are particularly noteworthy, serving millions under the well-known brand T-Mobile. T-Mobile is separately listed on the NYSE and does the majority of its business in North America while Deutsche Telekom is primarily focused on the European Market.
Not Just Phone Plans
In addition to its core telecom services, Deutsche Telekom is actively involved in cloud services, healthcare solutions, and media. The company also offers various broadband solutions catered to both private individuals and businesses. In order to grow and remain relevant, Deutsche Telekom invests in next-generation networks like 5G, ensuring both consumer and business clients receive top-tier connectivity.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage