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Deutsche Telekom Q2 results up on Sprint takeover, underlying revenue down 0.6%

2020-08-13 08:29:00| Telecompaper Headlines

(Telecompaper) Deutsche Telekom reported a surge in second-quarter results following its takeover of US operator Sprint. Revenues rose 37.5 percent to EUR 27.0 billion, and adjusted EBITDA AL jumped 56.4 percent to EUR 9.8 billion. Adjusted for the takeover and currency effects, revenues were down 0.6 percent, and EBITDA increased 8.4 percent. 

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