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What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.
Thursday, May 10, 2012
Deutsche Telekom Continues to Contract
Deutsche Telekom said that its group revenue fell 1.7% year-on-year on an organic basis in the first quarter of 2012 to 14.4 billion euros. Revenue declined 2.3% in Germany, 0.7% in the rest of its European operations and 2.3% in the U.S.. Its systems solutions business increased external revenues by 0.6% to 1.63 billion euros.
A rise in mobile data revenues failed to offset a fall in voice and SMS revenues in Germany. But Deutsche Telekom's Entertain television service added 173,000 customers in the quarter taking the total to 1.725 million. The Bonn-based telco also said that it increased LTE coverage in Germany to 25% of the population - an increase of 11 percentage points during the quarter. source: Deutsche Telekom presentation
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