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Home/Markets/Deutsche Telekom raises guidance, plans 1.10 euro dividend
VERIFIEDBy Xavier Rivera·Thursday, November 5, 2026 at 8:46 AM AST·2 min read

Deutsche Telekom raises guidance, plans 1.10 euro dividend

Deutsche Telekom has reported 31.1 billion euros in third-quarter revenue, raised its 2026 guidance and proposed a 1.10 euro per-share dividend.

Source:Deutsche Telekom
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Deutsche Telekom raises guidance, plans 1.10 euro dividend
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TL;DRAI · 60 sec read

Deutsche Telekom raised its 2026 adjusted EBITDA AL guidance to around 47.6 billion euros and its free cash flow AL forecast to around 20.1 billion euros. The Board of Management plans a 10% dividend increase to 1.10 euros per share and a share buyback of up to 2 billion euros in 2027.

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Deutsche Telekom has reported 31.1 billion euros in third-quarter revenue and raised its 2026 earnings and cash-flow guidance. The Board of Management also plans to lift the dividend to 1.10 euros per share.

Deutsche Telekom’s third-quarter growth accelerated. Revenue increased 5.5% on an organic basis, while service revenue reached 26.0 billion euros, up 4.1% organically. Adjusted EBITDA AL rose 8.0% organically to 12.2 billion euros. Net profit was 2.8 billion euros, adjusted net profit increased 12.7% to 3.0 billion euros, and free cash flow AL rose 1.4% to 5.7 billion euros.

“Our strong figures are setting benchmarks in our industry,” said Chief Executive Tim Höttges. “The consistently impressive results we have delivered for many years now bear testimony to the success of our strategy.”

The company’s largest operating segments expanded. In Germany, revenue rose 3.9% to 6.6 billion euros and adjusted EBITDA AL increased 1.5% to 2.8 billion euros. Deutsche Telekom added 11,000 broadband customers, a record 190,000 pure fiber-optic customers and 284,000 branded mobile contract customers in its domestic market.
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In the United States, T-Mobile added 274,000 postpaid accounts, bringing its total to nearly 35 million. Service revenue grew 6.3% to 19.4 billion U.S. dollars and adjusted EBITDA AL increased 11.4% to 9.4 billion U.S. dollars.

Europe extended its run of profit growth to 35 quarters. Organic revenue rose 4.2% to 3.3 billion euros and adjusted EBITDA AL increased 4.3% to 1.3 billion euros. The segment added 225,000 mobile contract customers, 64,000 broadband customers and 37,000 television customers.

Higher T-Mobile US expectations lifted the full-year outlook. Deutsche Telekom now expects adjusted EBITDA AL of around 47.6 billion euros, up from around 47.5 billion euros, and free cash flow AL of around 20.1 billion euros, up from around 20.0 billion euros. Recurring adjusted earnings per share remain forecast at 2.20 euros.
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The proposed dividend represents a 10% increase from the 2025 financial year. Deutsche Telekom also plans to buy back shares worth up to 2 billion euros in 2027.
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