The US subsidiary of the Bonn telecom group remains on the road to success after taking over smaller rival Sprint. In the third quarter, the profit increased year-on-year by 44 percent to 1.3 billion US dollars (1.1 billion euros), like T-Mobile on Thursday announced after the US market closed.

More telephone contracts Revenues grew by 74 percent on 19, 3 billion dollars. Despite the corona crisis, after deducting terminations 689. 000, new telephone contracts under our own brand were added.

T-Mobile raised its annual targets after the strong quarter and also announced that the merger with Sprint, which took place on April 1 after a two-year antitrust conflict, will be faster lead to cost reductions than originally expected.

Overall, the quarterly figures significantly exceeded market expectations, the share initially rose by around five percent after the market. Since the beginning of the year, the price has already risen by almost 50 percent.

(kbe)