Citing growth in its T-Mobile and T-Online divisions, Deutsche Telekom reported Q3 revenue of EUR 14.5 billion, up by EUR 0.4 billion or 3.2% year-on-year. Some highlights:
- Revenue at T-Com decreased by 4.2% year-on-year in the third quarter of 2004. However, the rate of decrease slowed to 5% compared with the first nine months of 2003 after a decline of 5.4% in a year-on-year comparison of the first six months.
- T‑Systems kept its revenue stable compared with the respective prior-year periods.
- International revenue increased by over 8% in a quarter-on-quarter comparison. The key factor behind this is primarily the sustained positive development of revenue at T-Mobile USA.
- Net income increased by EUR 0.9 billion year-on-year to EUR 1.4 billion. An increase of EUR 0.5 billion to EUR 1.0 billion was achieved in adjusted net income.
- Net debt was reduced again in the third quarter of 2004 to just under EUR 40.8 billion.
- T-Com added 489,000 in Q3, giving it a total of 5.4 million lines . This corresponds to an increase in the customer base of 42.4% compared with the same period in 2003. As a result of the active marketing of the "three times zero" offer, the number of DSL lines in operation in Germany increased by over 40.1% or 458,000 since June 30, 2004, bringing the total to 5.2 million. This figure also includes for the first time 85,000 DSL lines T-Com sold to competitors under its resale offers.
- T-Mobile also substantially increased revenue by 9.4% in the third quarter of 2004 to almost EUR 6.5 billion. The number of mobile subscribers served by T-Mobile's majority-owned subsidiaries increased by around 1.6 million in the third quarter to 67.2 million. Of these, almost 1.3 million signed fixed-term subscription contracts. Year-on-year, the number of subscribers increased by 9.6 million, an increase of over 16%. T-Mobile added around 300,000 new subscribers in Germany in the third quarter.
- Revenue at T-Online increased year-on-year by 2.4% in the third quarter of 2004 to EUR 464 million due to the growth in the subscriber base. T-Online achieved record growth in the number of customers using DSL rates. The number of DSL subscribers in the T-Online group increased from 2.4 million at year-end 2003 to 3.2 million at the end of the third quarter.
