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General

Telekom Deutschland customer growth slows in Q3, revenues down 0.9%

Thursday 8 November 2018 | 09:53 CET | News
Deutsche Telekom reported a continued fall in revenues at its German business in the third quarter, down 0.9 percent year-on-year to EUR 5.4 billion. The company blamed the fall on the new accounting standards, which led to an 8.9 percent decline in mobile service revenue. Adjusted EBITDA was still up 2.1 percent to EUR 2.2 billion, thanks to cost reductions, and the margin increased to 40.8 percent from 39.7 percent a year ago. 

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Categories: General
Companies: Deutsche Telekom
Countries: Germany
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