FRANKFURT — The collapse of the attempt by T-Mobile US to merge with Sprint Corp will underline its importance as a driver of growth when its main owner, Deutsche Telekom, reports quarterly results this week. T-Mobile, under charismatic CEO John Legere, keeps hitting home runs, already reporting it that added 1.3 million net customers in the third quarter - the 18th time in a row it has achieved the feat. T-Mobile reported revenues in the third quarter that topped $10 billion for the first time, up 8 percent. The picture for Deutsche Telekom group on Thursday is likely to be different, with analysts on average forecasting group revenues of 18.4 billion euros ($21.4 billion) - a year-on-year gain of just 1.6 percent. Advertisement Continue reading the main storyThat would reflect barely positive growth in Telekom's crowded and heavily regulated home market, where sales rose just 0.4 percent in the first half, and at its European holdings that were ahead by just 1.5 percent.

Source: New York Times November 05, 2017 14:48 UTC