Deutsche Telekom pointed to continued growth on both sides of the Atlantic in Q3, as the operator group nudged up its earnings guidance.

Deutsche Telekom on Thursday raised its full-year core profit guidance and reported a slight consensus beat on the metric in the third quarter, as strong momentum in Europe matched that of its U.S. unit T-Mobile.

The telecommunications group reported higher third-quarter net profit and now expects adjusted earnings of around $45 billion for the year, citing continued growth momentum on both sides of the Atlantic.

Quarterly profits have risen at Germany's Deutsche Telekom, leading the telecoms major to raise its earnings outlook on Thursday. Deutsche Telekom reported that its third-quarter net profit climbed 53.

Deutsche Telekom raised its full-year core profit guidance on Thursday after reporting a third-quarter core profit that slightly beat analysts' expectations. "The growth momentum continues unabated on both sides of the Atlantic,