Deutsche Telekom Q1 2026 revenue growth slowed on US dollar effects

Deutsche Telekom reported slower revenue growth in the first quarter of 2026 due to US dollar exchange-rate effects, while its margins improved.

TL;DR

  • Deutsche Telekom said Q1 2026 revenue growth slowed because of US dollar exchange-rate movements.
  • The company said margins improved in the quarter.
  • The reported change was tied to foreign-exchange effects rather than a separate operational detail in the source excerpt.

Deutsche Telekom said in its first-quarter 2026 results that revenue growth slowed compared with earlier periods. The company linked the slower growth to fluctuations in the US dollar exchange rate that affected reported results.

Deutsche Telekom also said its margins improved in the first quarter of 2026. The source excerpt did not provide specific margin figures or a breakdown by business unit.

The reported impact was tied to foreign-exchange movements, specifically the US dollar, in Deutsche Telekom's Q1 2026 reporting. The source excerpt did not include additional figures for revenue, earnings, subscriber metrics, or country-level performance.

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