Deutsche Telekom Sees Improved Revenue Growth in Europe Supplementing U.S. Growth; Maintaining FVE
Deutsche Telekom reported solid second-quarter results, but we are maintaining our fair value estimate and no-moat rating. We believe the shares are slightly undervalued. The firm reported revenue growth of 6% year over year versus our full-year projection of 3.2%. The main growth region continues to be the U.S. where revenue increased 9.7% as it added another 1.3 million customers in the quarter, making 17 quarters in a row of adding over 1 million subscribers.However, this time revenue growth...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.