'DeTe's German revenues drop 2%, despite mobile growth'

Thu. November 05, 2009; Posted: 05:59 AM

Nov 05, 2009 (DMEUROPE via COMTEX) -- DT | Quote | Chart | News | PowerRating -- Deutsche Telekom's German operating segment posted positive figures with domestic fixed-network and mobile communications activities reported together under the new structure. Revenue in the third quarter decreased by 2.0 percent year-on-year to EUR 6.471 billion and adjusted EBITDA fell by 3.3 percent to EUR 2.523 billion. The adjusted operating profit decreased by 6.6 percent to EUR 1.486 billion and the cash capex increased 12.7 percent to EUR 771 million. The German mobile communications business posted revenue growth of 1.4 percent to EUR 2.109 billion and the adjusted EBITDA decreased by 4.6 percent to EUR 920 million for the quarter, resulting in a margin of 43.6 percent (46.4% in Q3 2008). Mobile services revenues decrease 0.4 percent to EUR 1.798 billion and the non-voice share of ARPU increased year-on-year from 23 percent to 27 percent. This development was driven chiefly by data revenues, which in the first three quarters of 2009 were 51 percent higher than the prior-year figure. T-Mobile Germany's mobile customer base grew by 1.4 percent year-on-year to 39.33 million with 227,000 net additions in the third quarter. The number of postpaid customers grew 2.4 percent to 17.14 million and the number of prepaid customers grew 0.6 percent to 22.19 million. Revenue for the quarter from German fixed-network business decreased by 3.5 percent year-on-year to EUR 4.711 billion and adjusted EBITDA fell by 2.6 percent to EUR 1.604 billion. As a result, the EBITDA margin improved from 33.7 percent to 34.0 percent. The highlight was the development of Deutsche Telekom's IPTV service Entertain, winning 117,000 new customers during the quarter to end it with 678,000 active customers. In total, Deutsche Telekom marketed 885,000 Entertain packages by the end of the quarter, well on the way to achieving the target of one million for the full year.

Distributed for DMeurope.com via M2 Communications (www.m2.com)

For full details on Deutsche Telekom Ag (DT) click here. Deutsche Telekom Ag (DT) has Short Term PowerRatings of 6. Details on Deutsche Telekom Ag (DT) Short Term PowerRatings is available at This Link.

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