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Home » UPDATE 1-Telekom forecasts another strong 2024 as customer base grows

UPDATE 1-Telekom forecasts another strong 2024 as customer base grows

    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. "Thanks to our growing businesses on both sides of the Atlantic, we are confident we will up the ante yet again in 2024," CEO Tim Hoettges said in a statement. Free cash flow AL is expected to increase by around 16% to around 18.9 billion euros.

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