CORRECTED - UPDATE 1-D.Telekom posts solid Q3 on cost cuts

(Corrects cash flow figure in fourth paragraph to 6.4 billion euros instead of 16.4 billion euros)

* Confirms 2009 outlook

* Core profit above expectations

* Loses 77,000 customers in USA

* Says free cash flow at 3.3 bln eur in Q3 (Adds detail, background)

BONN, Germany, Nov 5 (Reuters) - Deutsche Telekom (DTEGn.DE), like many of its European peers, on Thursday reported solid third quarter core results thanks to strict cost control and confirmed its full year outlook.

The Bonn-based company, which reorganized its business this year and begun reporting by regions, posted an estimate beating core profit of 5.5 billion euros ($8.11 billion) on sales of 16.2 billion euros, bang in line with the average forecast of analysts polled by Reuters.

European rivals Telenor (TEL.OL), KPN (KPN.AS) and TeliaSonera (TLSN.ST) last week reported higher than expected earnings thanks to cost cutting measures while France Telecom missed forecasts and warned of rising restructuring costs.

Deutsche Telekom said free cash flow was 3.3 billion euros in the quarter thus allowing it to reach its full year target of 6.4 billion euros.

The group had rattled investors with a profit warning in April and some analysts had expressed doubt the company would be able to reach its cash flow target.

In Germany, its biggest market, EBITDA fell 3.3 percent as sales dropped 2 percent compared with a year earlier.

In the United States, where T-Mobile USA has been losing customers to smaller rivals -- 77,000 in the third quarter -- revenue rose 3 percent and core profit climbed 5 percent.

The company also confirmed it sees 2009 adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) 2-4 percent lower than the 19.5 billion euros it made in 2008. (Reporting by Nicola Leske)