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Deutsche Telekom raises guidance on strong US margins

Deutsche Telekom has raised its guidance for the year after what it says are strong Q2 results, on the back of T-Mobile USA better than expected financials. In the areas we follow – broadband and TV – were up slightly in every territory, but nothing revolutionary has yet come through from its very recent video moves in Germany, where it plans to tie up vast chunks of the TV market offering a free year one, and then a suicidal low price going forwards. In the US T-Mobile preferred to compare with the quarter a year before and claimed it was up 2 million customers, but from last quarter it has dropped 3 million customers, with 4 million being lost in…

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