Deutsche Telekom Group’s Q3 revenue rose 2.8% YoY to EUR 46.7 billion while its international revenues rose 14.4%. Net income was EUR 1.3 billion and EUR 2.2 billion when adjusted for special charges. The company cited an improved competitive position in Germany, positive trends in broadband and net access losses, and strong international growth.
Some highlights for Q3:
- added 480,000 net DSL subs in Germany. A total of 8.5 million customers in Germany now have a broadband line from T-Home. A further 3.5 million wholesale DSL lines are served by T-Home. As such, the number of DSL lines in Germany increased by around 28 percent year-on-year to more than 12 million.
- Nearly 50,000 have signed up for Triple Play service.
- Line losses were 497,000, and they are now at a lower level than at any time in the last four quarters.
- Broadband/Fixed network total revenue fell by 7.0 percent in the first three quarters of 2007 to EUR 17.1 billion.
- T-Systems revenue in Germany fell by 10.3 percent year-on-year to EUR 7.0 billion in the first three quarters. The company said this reflects an ongoing decline in prices, in both IT and telecommunications.
- The total number of mobile customers across the Group at the end of Q3 was 113,675,000 of which T-Mobile Deutschland accounted for 34 million, T-Mobile USA for 27 million, and T-Mobile UK for 17 million.
- T-Mobile USA had 2.7 million net adds, 73% of which were under contract.
- The number of customers using web’n’walk — T-Mobile’s mobile Internet service — in Europe increased by 413,000 customers in a single quarter, expanding the customer base to 2.8 million.
- The number of T-Mobile@home customers also increased substantially, climbing almost 150 percent year-on-year to over 1.8 million at the end of the third quarter.
- Deutsche Telekom expects to meet its adjusted EBITDA forecast of around EUR 19 billion for the financial year and has almost reached its target of EUR 6 billion ahead of schedule with free cash flow amounting to EUR 5.8 billion at the end of the third quarter.
