Deutsche Telekom today announced that it increased revenue, EBITDA and Capex in the first quarter of 2019.
Deutsche Telekom has reported revenue of 19.488 billion euros (+8.7 percent), EBITDA of 6.461 billion euros (+22.6 percent) and Capex before spectrum of 3.682 billion euros (+19.7 percent) during the first quarter.
Deutsche Telekom has generated revenue of 5.357 billion euros (+0.6 percent) in Germany, 9.796 billion euros (+15.9 percent) in the United States, 2.891 billion euros (+2.8 percent) in Europe and 1.63 billion euros (–2.1 percent) from Systems Solutions business.
Deutsche Telekom has total mobile phone subscriber base of 44.65 million in Germany, 81.3 million in the United States and 47.8 million in Europe.
“Deutsche Telekom has much more to offer than just our sensational success in the United States. We are seeing positive trends throughout the Group,” said Tim Hottges, CEO of Deutsche Telekom.
Capex excluding expenses for mobile spectrum stood at 3.7 billion euros, up 19.7 percent against the first quarter of 2018. This increase was attributable to the accelerated network build-out in the United States and further extensive investments to build out and modernize the network in Germany.
Deutsche Telekom said the number of customers with fiber-optic products rose by 688,000 in the quarter, reaching 12.9 million at the end of March, up 24 percent year-on-year.
Deutsche Telekom added 66,000 new MagentaTV customers, taking the total number to 3.4 million, an increase of 7.1 percent compared with March 2018.