Telecom Lead Europe: Deutsche Telekom’s Capex for the first quarter of 2013 exceeded €3 billion, up 40 percent.
The 40 percent growth in expenditure is primarily due to the acquisition of spectrum in the Netherlands.
The European telecom operator also invested heavily into networks during the period.
Deutsche Telekom’s net revenue decreased 4.5 percent to €13.8 billion.
EBITDA declined 4.3 percent to €4.3 billion.
“We have resolved some major issues,” said René Obermann, chairman of Deutsche Telekom. “The biggest of those were our customer figures in the United States, which are finally back on the up. The regulatory decisions form the basis for our planned broadband build-out.”
Deutsche Telekom performance in Germany
Revenue in Germany decreased 1.6 percent to €5.6 billion.
Deutsche Telekom’s smartphone sales rose 16 percent to one million.
With VDSL and FTTH increasing 63 percent, Deutsche Telekom added 156,000 new fiber-optic customers in the quarter. Of these customers, 46,000 came from the wholesale area, mainly due to the launch of its contingent model.
The number of mobile contract customers increased by 441,000, after a decline of 107,000 in the prior-year quarter. The new customer growth is also attributable to 144,000 new customers under the Deutsche Telekom and Congstar brands.
Deutsche Telekom performance in U.S.
Revenue in the United States decreased 8 percent to €3.5 billion.
The number of branded customers grew for the first time in four years. The number of branded contract customers declined by 199,000, after a decrease of 510,000 a year earlier. Total number of customers increased by 579,000 to 34 million.
Performance in Europe
Deutsche Telekom’s revenue in Europe declined 6.9 percent to €3.3 billion.
Mobile data revenue in Europe increased 14 percent.
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