Deutsche Telekom announced its revenue, EBITDA, Capex, Opex and profit for the third quarter of 2018.

Deutsche Telekom has posted third quarter revenues of 19.1 billion euros (+4.7 percent), Adjusted EBITDA of 6.2 billion euros (+8.5 percent), net profit of 1.3 billion euros (+6.2 percent) in the third quarter.

Deutsche Telekom generated revenues of 5.441 billion euros (–0.9 percent) from Germany, 9.227 billion euros (+9 percent) from the US, 3.045 billion euros (+3.4 percent) from Europe and 1.754 billion euros (+2.8 percent) from enterprise business.

Deutsche Telekom added mobile customer base of 623K in Germany, 1630K in the US and 543K in Europe.

Deutsche Telekom said it added broadband customers of 67K in Germany and 622K in Europe.

Capex

Capex (including spectrum investment) decreased from 16.5 billion euros to EUR 9.4 billion. The substantial decrease in Capex was due to 7.3 billion euros spent on mobile spectrum by T-Mobile US.

Deutsche Telekom’s Capex focus was expansion and upgrade of networks in United States, Germany, and Europe operating segments.

Deutsche Telekom said it offers fiber-optic products (FTTH, FTTC/vectoring) at 75 percent of its fixed-network lines in Germany against 67 percent a year ago. Deutsche Telekom 4G reaches 98 percent of the population in Germany.

The number of fiber-optic customers has increased by 30 percent to 11.6 million. 67,000 new customers opted for broadband products from Deutsche Telekom. 4 million plus customers use Convergent fixed-network and mobile products from MagentaEINS portfolio,

Investment

Deutsche Telekom has presented an eight-point plan for 5G network rollout in Germany. It plans to cover 99 percent of the population nationwide and 90 percent of Germany with 5G by 2025.

Deutsche Telekom aims to invest an additional 20 billion euros in Germany by 2021 as part of the 5G investment strategy.