Welcome to the program, this is bloomberg daybreak europe. Lets get straight into the earnings season, a lot of earnings to get through. Deutsches telecom targeting 4 adjusted 2018, with ebitda. Fourthquarter revenue is in line with the estimate of 19. 2 billion. Were getting confirmation of the topline growth story and also new targets. The new target one of the focuses for the market going into these numbers. This is a business that has struggled to do a megadeal over in the United States. Handsanted to get their on the tmobile assets and that did not work out so they are focusing on europe. Will regulators let them meet their expectations in europe . Theyre looking to germany, and poland and the netherlands, hoping for growth there. An update on their debit in expected, that some of the earnings stories were watching out for this morning. Lets get to the risk radar and show you where we then overnight on the asian equities session. Playing catchup for the chinese market, standout pe
Good monday morning, welcome to squawk alley. Im Carl Quintanilla with john fortt, sara eisen at post 9 of the new york stock exchange. What a morning for tech, john. Yes, indeed broadcom confirming its takeover bid for qualcomm the cash in stock offer valued at 70 per share, or 105 billion, excluding debt. Qualcomm acknowledges receiving the offer. For more were joined by a tech analyst at William Blair and analyst at Rbc Capital Markets is on the phone. Actually, i want to start with you, amit. So, broadcoms side argues, i had a chance to have a few conversations this morning, that qualcomm hasnt traded at 70 a share since a year ago its been three years since it was at 80, so this actually represents fair value, but weve seen qualcomm under pressure now from apple on the licensing front. A year ago, and before that from china, though it was able to resolve much of that does that argument hold water in your view . Yeah. Thanks for having me, guys ill say, you know, factually they are
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