Deutsche Telekom AG (DTEGY) Q2 2026 Earnings Call Transcript

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Deutsche Telekom AG (DTEGY) Q2 2026 Earnings Call August 6, 2026 8:00 AM EDT

Company Participants

Hannes Wittig – Head of Investor Relations
Timotheus Höttges – Chairman of Management Board & CEO
Christian Illek – CFO & Product and Technology & Member of Management Board

Conference Call Participants

Robert Grindle – Deutsche Bank AG, Research Division
Carl Murdock-Smith – Citigroup Inc., Research Division
Joshua Mills – BNP Paribas, Research Division
Akhil Dattani – JPMorgan Chase & Co, Research Division
Paul Sidney – Joh. Berenberg, Gossler & Co. KG, Research Division
Polo Tang – UBS Investment Bank, Research Division
David Wright – BofA Securities, Research Division
James Ratzer – New Street Research LLP

Presentation

Hannes Wittig
Head of Investor Relations

Good afternoon, everyone, and welcome to Deutsche Telekom’s Second Quarter 2026 Conference Call. Joining me today are our CEO, Tim Hottges; and our CFO, Christian Illek. Tim will begin with an overview, followed by Christian, who will take you through our quarterly performance and group financials in greater detail. After this, we have time for Q&A.

Before handing over to Tim, please take note of the usual disclaimer included in our presentation and shown here. Also, please be aware that this conference will be recorded and uploaded to the internet.

And now it’s my pleasure to hand over to Tim.

Timotheus Höttges
Chairman of Management Board & CEO

Thank you, Hannes, and welcome, everybody, here today. I’m happy to present another set of strong results and a material step-up in our returns to shareholders. But let me quickly start with a snapshot on the results.

Our group organic sales revenue is growing by 3.9% in the first 6 months. Organic EBITDA-AL is growing by 7.4%. Adjusted EPS is growing by 10.3%. Customer growth remains strong and peer-leading in all our markets. So it’s a broad development, which we have across the group. And we raised our

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