Bernard Horn Comments on Deutsche Telekom

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Oct 14, 2015

Deutsche Telekom (XTER:DTE)’s stock price ticked up, after reporting double-digit growth for the second quarter of 2015. Net revenues rose by more than 15% and free cash flow improved to nearly $1.6 billion. Deutsche Telekom’s retail broadband customers increased in Germany and subsidiary T-Mobile U.S. continued to outpace peers in capturing new subscribers.

From Bernard Horn (Trades, Portfolio)'s third quarter 2015 shareholder letter.