DT records double-digit revenue growth for 2015

25 Feb 2016

Deutsche Telekom (DT) has reported net revenue of EUR69.228 billion (USD76.2 billion) for the twelve months ended 31 December 2015, a rise of 10.5% from EUR62.658 billion the previous year, with turnover for Q4 increasing 5.0% year-on-year to EUR17.859 billion. EBITDA grew by 3.2% to EUR18.388 billion from EUR17.821 billion in 2014, while adjusted EBITDA jumped 13.3% over the same period to EUR19.908 billion. DT said that net profit totalled EUR3.254 billion in FY 2015, compared to EUR2.924 billion twelve months earlier; adjusted for special factors, full year net income soared 69.8% y-o-y to EUR4.113 billion. ‘Deutsche Telekom was extremely successful on both sides of the Atlantic in 2015,’ commented CEO Tim Hoettges, adding: ‘We are continuing on our path to becoming the leading European telecommunications provider with further strong investments in the future this year.’

In its domestic market, DT generated total revenue of EUR22.421 billion in FY 2015, a slight increase of 0.7% from EUR22.257 billion in the year-ago period, while adjusted EBITDA declined 0.2% to EUR8.790 billion. In the US, revenues climbed 29.1% in 2015 to EUR28.925 billion and adjusted EBITDA jumped 54.9% y-o-y to EUR6.654 billion. Elsewhere, revenue in the Europe segment declined 2.0% to EUR12.718 billion in FY 2015 and adjusted EBITDA dropped 3.2% on an annualised basis to EUR4.288 billion.

As at 31 December 2015 DT’s domestic wireless subscriber base stood at 40.373 million (up 3.5% from 38.989 million a year earlier), while the number of fixed broadband connections grew by 2.3% and pay-TV customers by 9.9% to 12.644 million and 2.683 million respectively, although fixed telephony lines dropped 2.2% to 20.227 million as of end-2015. DT said the total number of VDSL and fibre-to-the-home lines jumped by 62.5% in the year to 2.923 million. Internationally, the group’s US subsidiary ended 2015 with 63.282 million mobile subscribers, a jump of 15.0% y-o-y and including 31.695 million branded post-paid customers (up 4.51 million). Across its European operations, mobile customers numbered 52.183 million at 31 December 2015, a decrease of 6.8% from 55.992 million twelve months earlier, while retail broadband lines and TV customers rose 3.7% to 5.181 million and 5.1% to 3.904 million, respectively.

Germany, Deutsche Telekom (DT), T-Mobile US, Telekom Deutschland