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Tag: telekom
Deutsche Telekom Q3 results improve on growth in the US
2013-11-07 09:07:00| Telecompaper Headlines
(Telecompaper) Deutsche Telekom reported improved results for the third quarter, helped by the turnaround at its US operations. Revenues were up 6.0 percent year-on-year to EUR 15.5 billion, as 30.5 percent growth in the US offset a 6.0 percent slide in Europe and 1.2 percent lower revenues in Germany. On a pro forma basis for the takeover of MetroPCS in the US, group revenues were still up 2.4 percent. Adjusted EBITDA declined 2.6 percent to EUR 4.7 billion on extra costs for customer growth, but the drop slowed considerably from the 5.2 percent reported in the first half of the year. The net result improved to a profit of USD 588 million from a loss of USD 7.02 billion a year earlier. Cash capex in the first nine months of the year increased by 26.8 percent to EUR 7.6 billion, due to spending on spectrum licences and the LTE roll-out in the US. As a result, free cash flow fell 30.4 percent to EUR 3.57 billlion. Deutsche Telekom still maintained its guidance for the full year 2013, for adjusted EBITDA of around EUR 17.5 billion and free cash flow of EUR 4.5 billion.
T-Hrvatski Telekom TV subscribers up 9.9% YoY at end-3Q 2013
2013-10-30 22:00:49| Digital TV News
T-Hrvatski Telekom (Reuters: THTC.L, HT.ZA; Bloomberg: THTC LI, HTRA CZ) has announced results for the nine months to 30 September 2013. At the end of September, customers numbered 361,748, up 9.9% over the same period in 2012.
Tags: subscribers
telekom
yoy
Court rules that Telekom cannot throttle internet speeds
2013-10-30 17:20:00| Telecompaper Headlines
(Telecompaper) The Regional Court of Cologne has ruled that clauses in Deutsche Telekom's contracts proposing bandwidth throttling for fixed-line internet flat-rates are not viable. This follows a complaint by the North Rhine Westphalia Consumer Association. Telekom wants to throttle internet speeds to 2 Mbps if customers with fixed-line contracts exceed a monthly usage of 75 GB, excluding the use of Telekom's Entertain IPTV service. The Court agreed with the consumer group that the policy would pose an "unreasonable disadvantage" to customers, who should have the security of knowing that speeds would not be reduced during their contracts.
Tags: internet
rules
court
telekom
Turk Telekom signs two loan agreements
2013-10-30 01:00:00| Total Telecom industry news
Turkish operator announces loans with China Development Bank and EIB.
Tags: signs
loan
agreements
telekom
Deutsche Telekom Internet speed plans rejected by court
2013-10-30 01:00:00| Total Telecom industry news
German court rules in favour of consumer group over telco's plan to cap broadband speeds.
Tags: internet
speed
plans
court
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