Thursday, November 8, 2012
U.S. Sales Slide for Deutsche Telekom
Stripping out the impact of currency movements, Deutsche Telekom's revenue fell 3.2% year-on-year to 14.65 billion euros in the third quarter. Revenues declined 1.3% in Germany, 5.2% in the rest of Europe and 5.9% in the USA.
In Germany, DT's mobile service revenue was down 0.5%, shored up by a 21% rise in mobile data revenue. DT said U.S. service revenue fell 8.4% "impacted by transition to Value plans". source: Deutsche Telekom presentation
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