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General

Deutsche Telekom sales down 1.3% in Germany in Q1 on lower device revenues

Wednesday 9 May 2018 | 10:42 CET | News
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Deutsche Telekom reported revenues in its home market Germany down 1.3 percent year-on-year to EUR 5.33 billion, hurt by lower device sales and the new accounting rules for handsets. The company said that excluding these effects, service revenues were 1.2 percent higher, including a 3.2 percent rise in mobile service revenue without the accounting impact. Adjusted EBITDA rose 1.3 percent to EUR 2.08 billion, thanks to cost reductions. 

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Categories: General
Companies: Deutsche Telekom
Countries: Germany
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