Deutsche Telekom reported a 3.5% rise in revenues on an organic basis to 19.5 billion euros for the first quarter of 2019. In the U.S., total revenue increased by 7% to 11.1 billion U.S. dollars, as T-Mobile USA continued to add new customers.
The group said that cash capex, excluding expenses for mobile spectrum, rose almost 20% to 3.7 billion euros. "This increase was attributable to the accelerated network build-out in the United States and further extensive investments to build out and modernise the network in Germany," it added.
DT said the number of customers in Germany with fiber-optic-based products increased by 688,000 in the quarter, reaching 12.9 million at the end of March, up 24% year-on-year. "Interest in these products rose tangibly with the launch of MagentaTV, the next development level in Deutsche Telekom’s IP TV offering," it added. DT said exclusive content helped it attract 66,000 new MagentaTV customers in the first quarter, taking the total number to 3.4 million, an increase of 7.1% compared with March 2018." source: Deutsche Telekom statement