Deutsche Telekom Plans €2 Billion Buyback, AI Deployment (3)

Deutsche Telekom AG said it plans to propose a buyback program of as much as €2 billion ($2.2 billion) in 2025 and will lean on artificial intelligence to make itself more efficient over the next three years.

Europe’s largest telecommunications carrier will also propose a dividend of 90 cents per share for the 2024 financial year, up from 77 cents last year, the company said in a statement on Thursday, released ahead of the company’s capital markets day. The share repurchase program for next year follows a similar €2 billion buyback in 2024.

Deutsche Telekom is outperforming its peers in ...