Deutsche Telekom Capex up 10% to $3 bn, revenue up 0.8% to $19.5 bn

Telecom service provider Deutsche Telekom today said its Capex (capital spending) rose 10.3 percent to EUR 2.49 billion or $3.11 billion in Q3 2014.

The EUR 2.49 billion Capex of Deutsche Telekom does not including Spectrum payment. Including Spectrum, Capex of Deutsche Telekom increase 8.7 percent to EUR 2.58 billion.

Deutsche Telekom said its Q3 revenue rose 0.8 percent to EUR 15.65 billion or $19.58 billion, while profit fell 13.9 percent to EUR 506 million.

Announcing the third quarter result, Deutsche Telekom said EUR 5.59 billion revenue came from Germany, EUR 5.5 billion from the US (T-Mobile US), EUR 3.32 billion and EUR 2.35 billion from IT enterprise business.

deutsche-telekom

Deutsche Telekom CEO Tim Hottges said more than 60 percent of its revenue was generated abroad.

Germany

In Germany, LTE network coverage grew to 79 percent of the population. Demand for fiber-optic products VDSL and FTTH remains strong. In the third quarter, 225,000 new customers opted for a fiber-optic-based line, almost 90 percent more than in the prior year. The total number of fiber-optic-based lines rose 60 percent within one year to 2.2 million.

United States

T-Mobile US added 1.4 million branded postpaid customers. The number of T-Mobile US customers increased by 2.35 million to 52.9 million. Growth drivers were network quality with LTE network coverage reaching 250 million people.

Europe

The number of LTE sites more than quadrupled to around 11,900 within a year. 35 percent of fixed-network lines were IP-based, registering an annual growth of 11 percent.

Baburajan K
[email protected]