Citing competitive pressures in its home market, Deutsche Telekom AG trimmed its revenue guidance from the previous range of between EUR 62.1 billion and EUR 62.7 billion to between EUR 61.5 billion and EUR 62.1 billion. Revenue is expected to continue to grow at a moderate rate in 2007.
The company said the reduction in high-margin revenues in Germany will lead to a drop in expectations for adjusted EBITDA for the 2006 financial year to between EUR 19.2 billion and EUR 19.7 billion. Previous guidance was between EUR 20.2 billion and EUR 20.7 billion. Adjusted EBITDA for 2007 is expected to remain at approximately the 2006 level.
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| 2006 billions of EUR | Revenue | Adjusted EBITDA | ||
| Guidance | old | new | old | new |
| Broadband/ Fixed network | 24.8 – 25.2 | 24.6 – 25.0 | 9.4 – 9.6 | 8.8 – 9.0 |
| Mobile communications | 31.9 – 32.3 | 31.9 – 32.3 | 10.0 – 10.2 | 9.8 – 10.0 |
| Business Customers | 13.4 – 13.6 | 12.6 – 12.8 | 1.5 – 1.6 | 1.2 – 1.3 |
| Group | 62.1 – 62.7 | 61.5 – 62.1 | 20.2 – 20.7 | 19.2 – 19.7 |
http://www.telekom.de
