In the first nine months of 2009, Deutsche Telekom's revenue fell 3% year-on-year on a like-for-like basis to 48.4 billion euros. Revenue declined in most of the group's European operations and in the U.S., stripping out the impact of currency movements.
Deutsche Telekom said its U.S. business lost 77,000 net customers in the third quarter of 2009, compared with net customer additions of 670,000 in the third quarter of 2008 and 325,000 in the second quarter of 2009. The company blamed the turnabout on competitive intensity, "including handset innovation."
As it rolls out a UMTS/HSDPA network in the U.S., Deutsche Telekom said its cash capex in the U.S. increased year-on-year from 1.8 billion euros to 2.2 billion euros in the first nine months of 2009 due to currency fluctuations and cash payment timing differences. source: Deutsche Telecom statement
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