$DTE (+0,07 %)

Deutsche Telekom increases revenue by 1.5% to EUR 28.94 billion in the third quarter, even though growth is dampened by the weak US dollar. Operations continue to be strong: the annual forecast for adjusted EBITDA AL is raised to EUR 45.3 billion, reflecting the robust business development.

Shareholders benefit twice: the Group plans a dividend of EUR 1.00 per share for 2025 and announces a share buyback program of up to EUR 2 billion for 2026.

Deutsche Telekom is thus clearly focusing on increasing returns on capital and a continued stable balance sheet.

$DTE (+0,07 %)

Today there is the finance release, the dividend will rise to € 1. In addition, the most important KPIs are green. So things are looking up again.

Hi everyone, here's a little insight into the October results of my portfolio, and well, there are also some down months - it can't always be a steep upward trend.

However, I am basically satisfied with everything and the minus in October is really within a very manageable range.

If you look at the current year as a whole...

...you quickly realize why I am still very satisfied with the future. It may not be a high performer, but for a value dividend portfolio it's still enough to build on 🫠

》IRR 21.22%《

》TTWROR 61.01%《

I am also relaxed about the future in the long term, because...

...everything is still relaxed at the upper end and let's see what else the crystal ball has in store for the future 🍊 😅

Especially since the goal of generating the FSA 1000/2000€ as quickly as possible through dividend payments has been optimally achieved, creating the potential for me to simply let profits run and not be dependent on sales, although sometimes a small take-away and later re-entry will probably be on the program more often...but that's how you keep feeling your way 🤫

However, as well as dividends, there is also some really good news: the second check-up after my operation in June was still negative and the third is due next month. The first year is always the most critical and so it's important to keep 👍🏻 and push through da....

...but let's stick to the subject of dividends...

In October, the yield was a bit lean and there was only €64.01 net dividend, which still means +76.02% YTD 💪🏻

But things are looking much better again this month, well, minus the beloved tax...

...which brings us to the top and flops of the month:

Top 3

🟢 $RIO (-0,14 %) +10,32% (+16,32%)

🟢 $FTWG (+0,1 %) +3,93% (+10,65%)

🟢 $YYYY (+0,14 %) +3,87% (+7,46%)

Flop3

🔴 $HAUTO (-0,34 %) -12,47% (+13,96%)

🔴 $MUX (-0,73 %) -6,16% (+20,82%)

🔴 $DTE (+0,07 %) -5,96% (-4,68€)

Purchases:

$DTE (+0,07 %)

$1211 (-0,98 %)

$HAUTO (-0,34 %)

Disposals:

》none《

And so we continue into November with the year-end forecast, which has already been raised twice...and I wish us all a successful November ✌🏻

$MNDY (-0,11 %)
$TSN (-0,56 %)
$OXY (+1,77 %)
$WULF (-4,33 %)
$PLUG (-10,77 %)
$RKLB (+1,55 %)
$CRWV (-1,18 %)
$9984 (-0,29 %)
$IOS (-0,76 %)
$MUV2 (-1,85 %)
$SE (+1,25 %)
$NBIS (-4,3 %)
$RGTI (+0,92 %)
$$BYND (+5,75 %)
$OKLO
$IFX (-1,55 %)
$EOAN (+0 %)
$TME (+1,56 %)
$VBK (-1,27 %)
$HDD (-5,81 %)
$ONON (+0,55 %)
$JMIA (+4,22 %)
$MRX (+3,57 %)
$HTG (-3,59 %)
$DTE (+0,07 %)
$R3NK (-2,31 %)
$HLAG (+0 %)
$JD (-4,45 %)
$700 (-1,78 %)
$DIS (-1,65 %)
$ENEL (+1,79 %)
$AMAT (+3,19 %)
$NU (+1,78 %)
$ALV (+0,92 %)
$SREN (-3,99 %)
$BAVA (-4,57 %)

In recent weeks, I have been able to lower my entry prices for individual stocks here and there ( $HNR1 (-1,03 %)
$CNR (-0,43 %)
$NOVO B (-1,14 %)
$DTE (+0,07 %)
$VICI (-1,05 %)
$ADP (-0,18 %) ), but I still think the market as a whole is currently somewhat overvalued. I will therefore be using less of the variable portion of my savings rate to buy individual shares over the next few quarters.

The central banks are a little more reluctant to cut interest rates, so hopefully there will be good opportunities to buy bonds for a few more months, which I would like to finance with the cuts in the savings rate for individual shares.

This month I have already added to my French bonds and will continue to do so, as they are currently trading at historically low levels. Although interest rates are falling, the risk premium for French government bonds is rising due to the budget deficits, which naturally causes the price to fall. However, as I do not believe that the solvency of the state is seriously at risk, I am taking advantage of the low quotation to achieve a price return in addition to the coupon. During the negative interest rate phase, the bond quoted at over 230% at times.

$DTE (+0,07 %)

T-Mobile $TMUS (+0,74 %)
$DTE (+0,07 %) launches its first credit card in partnership with Capital One $COF (-2,16 %) launches its first credit card on the market.

The wireless carrier's new card is fee-free and offers 2% T-Mobile rewards, company representatives confirmed to Bloomberg News.

"It's not often you get the opportunity to develop a credit card from scratch," said Scott Simpson, senior vice president of card partnerships at Capital One in the US.

According to the report, the new card will work on the Visa network. T-Mobile customers will receive a $5 monthly discount on their bills when they use the card via direct debit. T-Mobile customers can apply for the new card starting Tuesday (November 4).

André Almeida, President of Growth and New Business at T-Mobile, explained in an interview that the provider had previously considered a credit card, but had not yet found the right partner.

"It's about simplifying the collection of rewards so you don't need a complicated Excel spreadsheet anymore," he told Bloomberg.

Bloomberg noted that this will be Capital One's first co-branded card since acquiring Discover for $35 billion earlier this year. The company had previously forged card partnerships with retailers such as Kohl's, Bass Pro Shops and Williams-Sonoma.

During an earnings conference call last month, CEO Richard Fairbank said that the Discover acquisition was a key contributor to the success of the domestic card business that quarter.

"Factoring in the impact of Discover, the combined domestic card business delivered another quarter of revenue growth, strong margins and improved credit quality," he said.

In other credit news, PYMNTS reported last month on a new study from PYMNTS Intelligence showing that many households, including those with high incomes, have doubts about their credit scores despite good financial circumstances.

"Many Americans believe they have little or no chance of being approved for a new credit product, even though actual approval rates show otherwise," the report states.

This uncertainty also affects people with high incomes: 33% of consumers with an annual income of more than 100,000 US dollars said that they were very likely or certain to have their new credit card application rejected.

However, rejection rates are actually moderate. Of respondents without an active credit card, only 15% said they had ever received a rejection of their desired credit limit. Although high earners often have a high credit rating and sufficient liquidity, they remain cautious when applying for new credit lines and often confuse economic uncertainty with personal risk.

Deutsche Telekom $DTE (+0,07 %) wants to enter the construction and operation of data centers for artificial intelligence (AI) on a large scale. Group CEO Timotheus Höttges announced in Berlin the launch of a joint project with the US chip company Nvidia $NVDA (+1,6 %) in which a so-called AI factory is to be built in Munich at a cost of over one billion euros.

"Without AI, you can forget about industry," said Höttges. "Without AI, you can forget about Germany as a business location." The Deutsche Telekom CEO pointed out that only five percent of high-performance AI chips are currently used in Europe, compared to 70 percent in the USA.

Höttges emphasized that the data in the Munich AI cloud should remain entirely in Germany. Only employees from Germany and Europe would be used to handle the data. And the technology comes from Germany and the USA. This means that there are no longer any excuses for German and European companies not to use AI on a large scale.

》Great day for Germany and Europe《

Federal Digital Minister Karsten Wildberger (CDU) spoke of "a great day for Germany and for Europe". "We are celebrating an investment with a signal effect: more than one billion euros for an AI factory with the most modern chips in the world." But this is more than just an AI factory for industry. "It is a signal of new beginnings. A further step on Germany's path to resolutely exploiting the opportunities offered by artificial intelligence."

In Berlin, Nvidia CEO Jensen Huang recalled that the concept of Industry 4.0 was developed in Germany. "Germany had this vision of connecting the digital world with the physical world.

With AI, we can now bring a super version of Industry 4.0 to life. And this is a new era, namely industrial AI." Nvidia is the world's leading provider of high-performance chips that are essential for training and using AI.

Deutsche Telekom is already a provider of conventional cloud services and operates over 180 data centers worldwide. At the same time, the Group cooperates with large platforms such as Google Cloud, Amazon AWS $AMZN (-1,15 %) or Microsoft Azure in the cloud business.

However, Deutsche Telekom's economic success is driven by its core business with telco services in Europe and the business success of its US subsidiary T-Mobile $TMUS (+0,74 %) business success.

》Part of a larger AI strategy《

The AI data center in Munich's Tucherpark is just the start of a larger-scale AI strategy at Deutsche Telekom. The Group hopes to be considered for a major European Union funding program for so-called AI Gigafactories.

The EU defines a gigafactory as a data center with 100,000 or more special AI chips (GPUs) - the facility in Munich will only run with 10,000 GPUs.

In order not to lose touch with the future topic of AI and at the same time remain independent of US companies such as Open AI, Google $GOOGL (+0,86 %)Microsoft $MSFT (+1,48 %) and Meta $META (-0,01 %) Brussels is planning to promote the construction of four to five such large data centers.

The interested parties from Germany were unable to agree on a uniform application. Therefore, in addition to Telekom, the Schwarz Group, which is behind Lidl and Kaufland, the cloud provider Ionos $IOS (-0,76 %) and other consortia.

Federal Research Minister Dorothee Bär (CSU) emphasized the importance of this initiative. At least one AI Gigafactory must come to Germany.

With the Bavarian AI factory, Deutsche Telekom is primarily targeting users in industry.

The first customers include Agile Robots $AGL (+0 %)a leading German high-tech company that specializes in AI-controlled automation solutions and intelligent robotics.

In addition to Nvidia, other cooperation partners include Europe's largest software company SAP $SAP (-2,79 %)Deutsche Bank $DBK (-2,51 %) and the AI provider Perplexity.

$DTE (+0,07 %)

Deutsche Telekom and Nvidia are planning to build an underground data center in Munich. The project is expected to cost around one billion euros and expand the capacities for artificial intelligence (AI) in Germany. The data center is intended to accelerate the development of AI applications and strengthen Germany as an industrial location. The project is expected to be completed in 2026 and is part of efforts to promote Europe's technological sovereignty and ensure it does not miss out on global AI developments.

https://www.golem.de/news/muenchen-telekom-und-nvidia-bauen-rechenzentrum-unterirdisch-2511-201821.html?fbclid=PAb21jcAN28wJleHRuA2FlbQIxMQABp57I-3ANZN4TPRvdYEwkPUOxwcDZrbCj2DEt8lDd1QLCzBLl2Ah000OXwSVW_aem_U-B4P_eW8kN3z_lmMO3aHA%23google_vignette