Deutsche Telekom saw sales rise in the second quarter as its US operation continued to offset declines in Europe.

Revenues rose 2.2 percent year-on-year to €17.8 billion in the three months to 30 June.

Sales in Germany fell 3.1 percent to €5.4 billion despite the addition of around 500,000 new mobile customers.

Deutsche Telekom blamed the decline on terminal equipment revenue.

The operator also added just shy of 300,000 fibre broadband customers during the period.

Last month, Deutsche Telekom got the green light from regulators to deploy vectoring technology, which will boost fixed broadband speeds, although it has to provide alternative ways for competitors to access its network.

Tim Höttges, CEO of Deutsche Telekom, said: “We want to maintain the huge momentum in our fiber-optic lines with the Germany-wide vectoring roll-out.

“We are happy to carry competitors on our network – but we will fight for every single customer, that is crystal clear."

In the rest of Europe, sales were down 3.2 percent to €3.1 billion.

Its operating companies in the Netherlands and Poland were hardest hit, with revenues down 12 percent and 11 percent respectively.

Deutsche Telekom blamed “competition-driven price reductions” for the decline in the Netherlands.

Croatia was the best performer with sales up 3.6 percent.

The company was again indebted to the performance of T-Mobile US, where sales grew over 10 percent to €8.2 billion, although growth was 3.9 percent when adjusted for exchange rate effects.

Revenues at the operator’s enterprise arm fell 3.1 percent to €2 billion.

Across the board, Deutsche Telekom’s mobile customer base has increased by 4.3 million since the turn of the year to reach 160.7 million, while the number of broadband lines has grown by 300,000 to 18.1 million.

Adjusted EBITDA rose 8.6 percent to €5.5 billion, but adjusted net profit fell 2.2 percent to €1 billion.

Read more

DT appoints former Vodafone exec to head up Europe

Deutsche Telekom brings network, IT teams together as part of restructure

 

More News

Iliad enters content game in France, finally launches Italian mobile business Iliad enters content game in France, finally launches Italian mobile business Iliad has acquired football rights in France and launched its opco in Italy as it looks to reboot after a disappointing set of financial results. More detail
Three UK appoints new CCO, CFO Three UK appoints new CCO, CFO The departure of Three UK's Chief Commercial Officer after just 18 months in the job has triggered a shake-up of the mobile operator's top team. More detail
TalkTalk to sell enterprise customer base to Daisy as it registers full-year loss TalkTalk to sell enterprise customer base to Daisy as it registers full-year loss TalkTalk has agreed to sell 80,000 business customers to rival Daisy Group in a £175 million deal. More detail
A1 Telekom Austria Group rebrand reaches Bulgaria A1 Telekom Austria Group rebrand reaches Bulgaria Bulgaria is the third A1 Telekom Austria Group opco to get rebranded as the telco looks to market itself as a provider of "advanced" IT, IoT, cloud and content services. More detail
Orange Business Services puts IoT to use on saving ships’ fuel costs Orange Business Services puts IoT to use on saving ships’ fuel costs Orange Business Services has expanded its work with Dobroflot by developing a customised IoT solution for the Russian fishing company. More detail
    

 

European Communications is now
Mobile Europe and European Communications

  

From June 2018, European Communications magazine 
has merged with its sister title Mobile Europe, into 
Mobile Europe and European Communications.

No more new content is being published on this site - 

for the latest news and features, please go to:
www.mobileeurope.co.uk 

 

@eurocomms