Sunday, November 13, 2011
Deutsche Telekom's Revenues in Retreat
Deutsche Telekom said its revenues in its continuing operations (excluding T-Mobile USA) fell 3.9% year-on-year on an organic basis to 10.99 billion euros in the third quarter of 2011. Revenue in Germany fell 5% to 6 billion euros, while service revenues in the U.S. fell 1.8% year-on-year to 4.53 billion US dollars.
In Germany, Deutsche Telekom's fixed-line revenues fell 5.1%, while mobile revenues rose just 0.1%. Still, mobile data revenues in Germany climbed 26% year-on-year to 410 million euros. source: Deutsche Telekom presentation
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