03:46 AM EDT, 05/13/2026 (MT Newswires) -- Deutsche Telekom (DTE.F) reiterated its 2026 adjusted EPS projection and nudged its adjusted EBITDA guidance higher after strong first-quarter revenue growth at its largest earnings contributor, T-Mobile US.

The German telecommunications giant on Wednesday maintained its adjusted EPS guidance for the full year at 2.2 euros, while slightly raising expectations for adjusted EBITDA, after deducting lease expenses, to 47.5 billion euros from the previous 47.4 billion euros.

Overall, group profit attributable to owners of the parent fell to 2.04 billion euros from 2.85 billion euros a year earlier, while net revenue edged up to 29.87 billion euros from 29.76 billion euros.

Deutsche Telekom's majority-owned T-Mobile US posted a 10.9% year-over-year increase in revenue to $23.1 billion, supported by an 11.5% jump in service revenue. Postpaid accounts grew 6% to 34.4 million, prompting the company to raise its forecast for net account additions to between 950,000 and 1.1 million from its earlier guidance of 900,000 to 1 million.

In Germany, the telecom group's total revenue increased 2.1% in organic terms to 6.3 billion euros in the first quarter. Mobile service revenue was up 2.1% year over year, while the company added 200,000 new customers in the three-month period.

Meanwhile, the group's IT services and consulting arm T-Systems saw a 2.1% organic revenue growth in the quarter to 1 billion euros. Order entry for the unit increased 3.6% year over year to 994 million euros.

The stock was up more than 1% in early morning trade.