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General

Telekom Deutschland revenues still down 0.9% in Q2, adjusted EBITDA improves 1.9%

Thursday 9 August 2018 | 08:56 CET | News
Telekom Deutschland reported second-quarter revenues down 0.9 percent year-on-year to EUR 5.32 billion, hurt by the new accounting rules. Telekom said service revenues were still up 0.9 percent excluding the new rules, with growth of 2.9 percent in mobile offsetting a 0.1 percent fall in fixed. The operator's adjusted EBITDA improved 1.9 percent to EUR 2.13 billion thanks to cost reductions and a lower headcount.

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Categories: General
Companies: Telekom Deutschland
Countries: Germany
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