Thursday, November 9, 2017
Deutsche Telekom Maintains Some Momentum
Deutsche Telekom reported year-on-year organic growth of 3.3% for the third quarter to 18.3 billion euros on the back of an "unbroken broadband boom" in Germany and other "positive rends in Europe". In Germany, service revenue rose 0.5%, while service revenue in the US climbed 6.5% to 7.4 billion US dollars as T-Mobile US added another 1.3 million customers.
In Germany, DT added another 700,000 customers (retail and wholesale) for its fibre broadband service and 65,000 new customers for its Entertain proposition. Source: Deutsche Telekom presentation
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