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Deutsche Telekom Q2 sales up over 15% on US growth
2015-08-06 08:19:00| Telecompaper Headlines
(Telecompaper) Deutsche Telekom reported a strong improvement in second-quarter results, led by the performance of T-Mobile US. Revenue rose 15.3 percent to EUR 17.4 billion, and adjusted EBITDA increased 13.5 percent to EUR 5.0 billion. On an organic basis, revenue was up 5.7 percent, and EBITDA rose 6.7 percent. Net profit was little changed year-on-year at EUR 712 million, due to extra staff-related costs. The German operator invested EUR 2.6 billion in the first half, excluding spectrum licences, an increase of 17.2 percent from a year earlier, while free cash flow still improved 31.1 percent to EUR 4.1 billion. Deutsche Telekom confirmed its guidance for 2015 adjusted EBITDA of around EUR 18.3 billion and free cash flow at EUR 4.3 billion.
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Deutsche Telekom confirms guidance as Q2 boosted by US ops
2015-08-06 02:00:00| Total Telecom industry news
German operator posts 13.5% increase in adjusted earnings; ups growth forecast for domestic broadband market.
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deutsche
guidance
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Oneok targets to connect 700 wells across Williston shale basin in US this year
2015-08-06 01:00:00| Hydrocarbons Technology
US based gas firm Oneok has already connected over 560 wells in the Williston shale basin in the state of North Dakota this year and intends to connect 700 by the year end.
ExxonMobil to expand crude processing capacity for Beaumont Refinery in Texas, US
2015-08-06 01:00:00| Hydrocarbons Technology
US based oil and gas firm ExxonMobil intends to expand its domestic crude processing capacity at Beaumont Refinery by 20,000 barrels of oil per day.
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processing
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2016 Audi A3 Sportback e-tron PHEV starting at $37,900 in US
2015-08-05 22:56:09| Green Car Congress
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