Deutsche Telekom invested $2.84 bn in Q2 as Capex

Deutsche Telekom today said its investment towards Capex (capital spending) was 2.6 billion euros or $2.84 billion in the second quarter of 2015.

The investment in telecom infrastructure – excluding spectrum – increased 17.2 percent in Q2, said Deutsche Telekom.

Tim Hottges, CEO of Deutsche Telekom, said: “We are continuing to invest heavily — € 5 billion in H1 – in network differentiation through all-IP, LTE and fiber.”

The company focused on disciplined investments to strengthen existing footprint (Slovak minority, German and US spectrum and cell sites).

Deutsche Telekom revenue rose 15.3 percent to 17.4 billion euros or $18.99 billion in the second quarter of the current year, while net profit was flat at 0.7 billion euros.

Deutsche Telekom confirms its guidance for 2015.

Deutsche Telekom strategies

Deutsche Telekom Germany said the number of retail broadband customers increased by 81,000. Telekom is aiming to add nearly 250,000 retail broadband this year against the earlier forecast of nearly 100,000.

The company said 430,000 retail and wholesale customers switched to a fiber-optic-based product (VDSL/FTTH) for the first time. The number of these lines had increased by almost three quarters to 3.4 million. 7.8 million lines have now been migrated to IP platform, 95 percent more than a year earlier. This means a third of all of Deutsche Telekom’s fixed-network lines have already been migrated.

In mobile communications, network coverage with the LTE standard increased from 77 percent to 85 percent of the population within a year in Germany.

T-Mobile US customer base grew by 2.1 million, including more than one million branded postpaid customers. T-Mobile US has raised its forecast for new branded postpaid customers in the full year to between 3.5 and 3.9 million. With 58.9 million customers, T-Mobile US is now the number three on the U.S. mobile market.

Deutsche Telekom said its LTE reached population coverage of 60 percent in Europe from 38 percent. 43 percent of all lines were already IP-based against 32 percent. The company is offering at least 100 Mbit/s bandwidth in 17 percent of households against 13 percent.

Baburajan K
[email protected]