Deutsche Telekom, Germany's largest telecoms company, said its revenue fell 1.6% year-on-year on a like-for-like basis to 15.48 billion euros in the fourth quarter of 2010. Revenues in the U.S. and Germany were broadly flat, while revenue elsewhere in Europe declined.
Deutsche Telekom said cash capex totaled 8.6 billion euros in 2010, down 7% on 2009. But the Bonn-based company also invested an additional 1.3 billion euros in new spectrum acquired in auctions in Germany.
Aiming to launch commercial LTE services in Germany in April 2011, Deutsche Telekom said it plans to invest 10 billion euros in the country in 2011 and 2012. source: Deutsche Telekom statement