Thursday, August 7, 2014

Deutsche Telekom Slows Down Again


Deutsche Telekom reported a 0.6% year-on-year increase in revenue in the second quarter on an organic basis to 15.11 billion euros. In Germany, revenue fell 1.8% to 5.46 billion euros, but in the U.S., revenue rose 14.6% to 7.23 billion US dollars. The telco claimed to be gaining share over archival Vodafone in the German mobile market, while T-Mobile USA's aggressive pricing helped it add another 1.4 million connections in the quarter. source: Deutsche Telekom presentation

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