- Deutsche Telekom has witnessed double-digit growth in revenues for the second quarter as a result of the merger of its U.S. subsidiary T-Mobile with Sprint.
- In Europe, despite a negative impact on roaming and handset sales caused by the pandemic, there was net positive growth helped by increased sales in the fixed-network business and broadband services.
- However, despite bumper topline growth, cash flow remains under pressure given the acquisition costs.
- The German group's current Price to Sales ratio is on the lower side and buying into the stock is an opportunity to benefit from high-margin growth in 5G services in the U.S.
For further details see:
Deutsche Telekom: 5G Strength In The U.S.