Deutsche Telekom said today it felt comfortable with the upper end of its full-year core earnings guidance and pledged to cut debt further.
Chief executive Mr Kai-Uwe Ricke reiterated he expected full-year earnings before interest, taxes, depreciation and amortisation (EBITDA) of between €17.2 billion and €17.7 billion and a net profit for the full year.
Chief finance officer Mr Karl-Gerhard Eick said Europe's largest telecoms carrier would be able to fund its payment obligations out of free cashflow from 2006.