Deutsche Telekom AG posted adjusted earnings that surpassed investors’ expectations, a beat the Europe’s largest telecommunications operator attributed to cost-cutting measures and strong demand in the US and Germany.

Deutsche Telekom on Thursday raised its full-year core profit guidance and reported a slight consensus beat on the metric in the third quarter, as strong momentum in Europe matched that of its U.S. unit T-Mobile.

Deutsche Telekom AG (DTEGF) reports robust growth across key metrics, despite facing competitive and macroeconomic challenges.

Deutsche Telekom raised its full-year core profit guidance on Thursday after reporting a third-quarter core profit that slightly beat analysts' expectations. "The growth momentum continues unabated on both sides of the Atlantic,

Deutsche Telekom is happy about “unbroken growth momentum”, shareholders can hope for a dividend. The company from Bonn isn't entirely satisfied with Magenta TV.

The telecommunications group reported higher third-quarter net profit and now expects adjusted earnings of around $45 billion for the year, citing continued growth momentum on both sides of the Atlantic.

Quarterly profits have risen at Germany's Deutsche Telekom, leading the telecoms major to raise its earnings outlook on Thursday. Deutsche Telekom reported that its third-quarter net profit climbed 53.