Telecom Services

Deutsche Telekom achieves growth in revenue and EBITDA

August 8, 2019

Deutsche Telekom said revenue grew 7.9 percent to 39.2 billion euros and EBITDA AL rose 7.7 percent to 12.2 billion euros in the first six months of 2019.

“We remain reliable. Our business performed well in all areas again in the first half of 2019,” said Tim Hottges, CEO of Deutsche Telekom.

Deutsche Telekom added 170,000 mobile phone customers in Germany and 1.751 million in the United States, but lost 1.331 million in Rest of Europe.

Deutsche Telekom’s mobile phone customer base reached 44.827 million in Germany, its home market, 83.052 million in the United States, and 46.469 million in Rest of Europe in the first half.

Deutsche Telekom’s broadband customer base reached 13.636 million in Germany and 6.54 million in Rest of Europe.

Deutsche Telekom generated second quarter revenue of 5.388 billion euros (+0.9 percent) in Germany, 9.826 billion euros (+13.6 percent) in the United States, and 29.78 billion euros (+2.8 percent) in Rest of Europe.

Capex before expenses for mobile spectrum rose 14.9 percent to 7 billion euros during the first half.

Deutsche Telekom said its investments increased due to the build-out and upgrade of the networks in the Germany, Europe, and in the United States due to the accelerated infrastructure build-out in the 600 MHz spectrum.

Deutsche Telekom Germany said mobile data used per month by contract customers exceeded 3 gigabytes for the first time. Customers with an LTE rate plan and LTE-enabled smartphone used six times as much data as other customers.

Deutsche Telekom Germany added 521,000 fiber-optic-based lines to take the number to 13.4 million lines in the second quarter. 83,000 new customers opted for converged product under the name MagentaEINS.

Deutsche Telekom Europe said its converged products comprising fixed-network and mobile communications (FMC) are now available in all ten countries. Deutsche Telekom Europe has 330,000 new FMC customers. The number of customers thus increased by 53 percent compared with the end of June 2018, passing the 4 million mark for the first time.