February 27, 2015 / 10:16 AM / 5 years ago

T-Mobile US cuts margin target - CEO in presentation

FRANKFURT, Feb 27 (Reuters) - Deutsche Telekom unit T-Mobile US cut its margin target, citing rapid growth in the number of customers it has, T-Mobile US Chief Executive John Legere said.

It now sees its margin on adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) reaching 32-34 percent in 2017, compared with a previous target for 34-36 percent, according to slides prepared for a presentation Legere is holding at Deutsche Telekom’s investor day on Friday. (Reporting by Peter Maushagen; Writing by Maria Sheahan; Editing by Thomas Atkins)

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