Deutsche Telekom reported half-year revenues of EUR 27.2 billion, up by EUR 5.0 billion compared to last year. Net income also rose by EUR 5.0 billion to a positive EUR 1.1 billion.
Deutsche Telekom's Group debt stood at EUR 53 billion at the end of the quarter, down by approximately EUR 8.1 billion since the start of the first quarter and by EUR 11.3 billion since the end of September 2002. The company generated EUR 4.0 billion in free cash flow for the first half of the year. Some other highlights:
- T-Com's domestic fixed line business grew 13% in terms of access revenues, while call revenues declined 8%.
T-Mobile revenues increased to EUR 10.9 billion, up 19% compared to the first half of last year. T-Mobile USA now has 11 million subscribers, up by 652,000 this year. ARPU is $53, up by $3 compared to the previous quarter.
T-Systems recorded a 0.9% growth in revenues over last year to EUR 5.127 billion.
T-Online continued to focus on profitability, with gross margins now reaching 57.5% compared to 47% at this time last year. About 25% of T-Online subscribers are now using DSL.
T-DSL contracts sold reached a total of 3.7 million, up 48% from 2.5 million one year ago.
