DT posts nine-month net profit of EUR4.4 billion

9 Nov 2005

Deutsche Telekom (DT) today reported its financial results for the fist nine months of the year, posting a net profit of EUR4.4 billion, following a net loss of EUR200 million in the same period of 2004. After adjustments for special factors, net income rose by 11.4% year-on-year to EUR3.4 billion. The German group’s revenues increased by 3.6%, from EUR42.6 billion to EUR44.2 billion, whilst EBITDA rose by 4.6% from EUR14.8 billion to EUR 15.5 billion. Customers of DT’s wireless business, T-Mobile, increased by 2.2 million to 83.1 million; of the net additions, T-Mobile USA alone accounted for 1.1 million, whilst in its domestic market DT added 500,000 new mobile subscribers to reach a total of 28.7 million. There was continued growth in DSL lines to 7.7 million, an increase of 600,000, of which 400,000 were resold to third party ISPs. In the corporate sector, DT’s total value of client orders increased by just 1% to EUR9.8 billion.

Germany, Deutsche Telekom (DT)