Wednesday, May 8, 2013
DT Sees Light at the End of the Tunnel
Deutsche Telekom said its revenue fell 4.2% year-on-year on an organic basis in the first quarter of 2013 to 13.83 billion euros. Revenue declined 1.6% in Germany, 6.9% in the rest of Europe and 7.3% in the U.S. (in dollars).
However, DT said it expects service revenues in Germany to return to underlying growth in 2013. It also claimed to have achieved a "significant improvement in customer metrics and postpaid churn" in its U.S. operation. source: DT presentation
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