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Tag: deutsche telekom
Deutsche Telekom considers bid for HEG - report
2016-06-16 17:05:00| Telecompaper Headlines
(Telecompaper) Deutsche Telekom is considering a bid for web hosting provider Host Europe Group (HEG) as it looks to expand its cloud business, reports Reuters. Telekom plans to use web hosting subsidiary Strato to acquire HEG and is looking to team with US private equity companies to finance the deal, according to unnamed sources. The investment firms examining a joint bid with Telekom reportedly include Blackstone and Hellman & Friedman. HEG is currently owned by private equity firm Cinven. Sources said that Cinven wants to launch a sales process before August and is targeting a valuation of around EUR 1.7 billion.
Tags: report
bid
deutsche
considers
Deutsche Telekom Q1 net profit quadruples, sales up 4.7%
2016-05-04 08:10:00| Telecompaper Headlines
(Telecompaper) Deutsche Telekom reported a four-fold increase in net profit for the quarter, to EUR 3.125 billion from EUR 787 million a year ago, thanks to a profit of EUR 2.5 billion on the sale of its stake in EE to BT. Adjusted EBITDA at the German operator rose by 12.9 percent to EUR 5.2 billion, and revenue was up 4.7 percent to EUR 17.6 billion, led by the strong performance of T-Mobile US. DT increased capital expenditure (excluding spectrum) 11.9 percent year-on-year to EUR 2.831 billion. The resulting higher depreciation and amortisation meant adjusted net profit, excluding the EE gain, was up just 1.1 percent. The increase in cash capex resulted in a moderate decline in free cash flow of 5 percent to 822 million euros. Deutsche Telekom confirmed its outlook for full-year results.
Deutsche Telekom adds 70,000 TV customers in 1Q 2016
2016-05-04 08:00:03| Digital TV News
Deutsche Telekom (Frankfurt: DTE)(NYSE:DT) has released its first quarter 2016 results report. In the first quarter of 2016 DT added 53 thousand new TV customers in Germany and 17 thousand in the rest of Europe.
Tags: customers
deutsche
adds
telekom
Deutsche Telekom posts strong Q1 on U.S. performance
2016-05-04 02:00:00| Total Telecom industry news
German incumbent's bottom line quadruples on gain from EE sale, says customer growth drove revenue, earnings increases.
Tags: us
posts
performance
strong
Deutsche Telekom upgrades Entertain TV service
2016-04-28 17:00:11| Digital TV News
Deutsche Telekom has announced the launch of a new release of its Entertain TV IPTV service. The updated service adds Restart TV, allowing the user to go back to the beginning of a live programme, alongside a catch-up service covering the previous 7 days.
Tags: service
deutsche
telekom
upgrades
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