Deutsche Telekom Q2 in line as US makes up for German investments

FRANKFURT, Aug 11 (Reuters) - Deutsche Telekom (LSE: 0MPH.L - news) said on Thursday second-quarter core profit rose 8.6 percent as its U.S (Other OTC: UBGXF - news) . operations made up for heavy network upgrade investments in Germany.

The company said adjusted earnings before interest, tax, depreciation and amortisation (EBITDA), excluding special items, rose to 5.46 billion euros ($6.10 billion), just above the average estimate of 5.45 billion euros in a Reuters poll.

Deutsche Telekom confirmed its 2016 outlook for adjusted EBITDA to rise to around 21 billion euros and free cash flow of around 4.9 billion euros.

Last month T-Mobile US Inc, in which Deutsche Telekom holds a majority stake, reported quarterly results that beat estimates. It also raised its full-year subscriber growth forecast, as the No.3 U.S. wireless carrier posted customer gains that surpassed expectations.

($1 = 0.8953 euros) (Reporting by Harro ten Wolde; Editing by Maria Sheahan and Joseph Nasr)