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Deutsche Telekom targets annual revenue growth of 1-2%

2015-02-26 08:32:00| Telecompaper Headlines

(Telecompaper) Deutsche Telekom has forecast organic revenue growth of 1-2 percent per year for the period 2015-2018, led by continued growth at T-Mobile US. Its German operations are expected to halt the fall in revenue in 2016 and the rest of its European operations by 2016-17. The group's adjusted EBITDA is expected to show a faster 2-4 percent CAGR in the next three years, driven by continued cost reduction efforts and the transition to an all-IP network. At its Capital Markets Day, the German operator also pledged to grow free cash flow 10 percent per year and increase its dividend at a similar rate.

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