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Deutsche Telekom Q2 results buoyed by Sprint consolidation

BERLIN, Aug 13 (Reuters) - Deutsche Telekom reported jumps in quarterly revenue and profit on Thursday following U.S. unit T-Mobile’s $23 billion takeover of Sprint, while its underlying performance beat market expectations.

The telecoms group issued fresh guidance for core profits to hit 34 billion euros ($40 billion) this year, above market expectations, but cautioned that the cost of integrating Sprint would dent group cash flow. ($1 = 0.8472 euros) (Reporting by Douglas Busvine; Editing by Maria Sheahan)

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