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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, February 26, 2015

Deutsche Telekom Targets Two Percent Growth

Deutsche Telekom reported a 6% year-on-year rise in revenues in the fourth quarter of 2014 to 17 billion euros on an organic basis. For the first time since the Germany operating segment was established, Deutsche Telekom reported quarterly revenue growth in its home market. Revenue in Germany was up 2% year-on-year to 5.7 billion euros. In the U.S., T-Mobile USA lifted revenues 18% to 8.1 billion US dollars, as the total number of customers increased by 2.1 million to more than 55 million (see slide below).  

Deutsche Telekom said it plans to achieve compounded average organic revenue growth of 1% to 2% per year for the financial years 2015 to 2018, while increasing investments in property, plant, and equipment by an average of 1% to 2% per year. It also hopes the ROCE (return on capital employed) of the group will exceed its cost of capital in the 2018 financial year. 

Deutsche Telekom's CEO, Timotheus Höttges, said: "Growth is our top priority. With massive investments in our networks...Integrated networks on the basis of all-IP and integrated offers for customers are the decisive factor for competitiveness in the future...Lean in production, fast and flexible in connecting partners, with easy access for customers, and all this Europe-wide – that is how we plan to become Europe's leading telecommunications provider." source: Deutsche Telekom statements

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