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MarketScreener Homepage  >  Equities  >  Xetra  >  Deutsche Telekom AG    DTE   DE0005557508

DEUTSCHE TELEKOM AG

(DTE)
  Report
Real-time Estimate Quote. Real-time Estimate Tradegate - 07/16 10:06:06 am
15.298 EUR   +0.68%
06:21aChanges in Telia Company's Group Executive Management
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07/15DEUTSCHE TELEKOM AG : In an accumulation phase
07/15Factbox - Huawei's involvement in telecoms networks around the world
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SoftBank to repurchase $1.9 billion of corporate bonds

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06/28/2020 | 08:08pm EDT
FILE PHOTO: The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo

By Sam Nussey

Japan's SoftBank Group Corp said on Monday it will repurchase up to 200 billion yen ($1.9 billion) of its domestic unsecured corporate bonds from June 30 to July 17, part of its plan to pay down debt.

SoftBank Chief Executive Masayoshi Son is undertaking an asset monetisation programme to raise $41 billion to fund share buybacks and reduce debt, following a series of soured tech investments that drove the group to a record annual loss.

The tech conglomerate also said it expects to record a gain of around 600 billion yen ($5.6 billion) in the April-June quarter on the sale of part of its stake in T-Mobile U.S. and the revaluation of the shares it still holds.

A derivative liability from call options received by the wireless carrier's top shareholder Deutsche Telekom is not included in that figure.

SoftBank's leveraged balance sheet has given it an oversized presence in Japan's junk bond market, supported by a loyal retail investor base for a household name that also owns Japan's third largest wireless carrier.

The massive asset sale plan has caused concern among credit-rating firms, with Moody's revising its outlook last week - reigniting a spat with SoftBank, which in March asked for its rating to be withdrawn.

(Reporting by Sam Nussey; Editing by Muralikumar Anantharaman and Lincoln Feast.)

Stocks mentioned in the article
ChangeLast1st jan.
DEUTSCHE TELEKOM AG 0.49% 15.27 Delayed Quote.4.29%
SOFTBANK CORP. 1.17% 1431.5 End-of-day quote.-1.92%
SOFTBANK GROUP CORP. 0.84% 6497 End-of-day quote.36.61%
T-MOBILE US -0.53% 104.275 Delayed Quote.33.79%
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Latest news on DEUTSCHE TELEKOM AG
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06/28SoftBank to repurchase $1.9 billion of corporate bonds
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More news
Financials
Sales 2020 92 971 M 106 B 106 B
Net income 2020 4 039 M 4 608 M 4 608 M
Net Debt 2020 110 B 126 B 126 B
P/E ratio 2020 17,2x
Yield 2020 4,08%
Capitalization 72 069 M 82 289 M 82 224 M
EV / Sales 2019
EV / Sales 2020 1,96x
Nbr of Employees 206 443
Free-Float 67,7%
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Technical analysis trends DEUTSCHE TELEKOM AG
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 25
Average target price 17,43 €
Last Close Price 15,20 €
Spread / Highest target 38,2%
Spread / Average Target 14,7%
Spread / Lowest Target -4,57%
EPS Revisions
Managers
NameTitle
Timotheus Höttges Chief Executive Officer
Ulrich Lehner Chairman-Supervisory Board
Christian P. Illek Chief Financial Officer
Claudia Nemat Head-Technology & Innovation
Lothar Schröder Vice Chairman-Supervisory Board
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