- As expected, the German telecom group has posted upbeat results as a result of the merger of its U.S. subsidiary T-Mobile with Sprint.
- However, net profit decreased by 40.3% as a result of impairment loss recognized in the Systems Solutions segment.
- Still, powered mainly by growth from its highly-profitable T-Mobile subsidiary, the company is a buy.
- The German juggernaut should fend off competition and exceed annual revenues of 100 billion euros for FY-2020.
- Investors willing to benefit from T-Mobile's profitability can purchase Deutsche Telekom's stock as the company has a clear dividend policy with the payout ratio being less than 50%.
For further details see:
Deutsche Telekom: Buy For T-Mobile Plus Dividends