Mobile services

Eurobites: Deutsche Telekom Q2 Boosted by US Unit

Also in today's EMEA regional roundup: OTE hit by redundancy costs; online Brits ditch laptops, pick up smartphones; EE recalls overheating charger.

  • Deutsche Telekom AG (NYSE: DT) has enjoyed an encouraging second quarter, with its numbers boosted in large part by its US operation. Overall revenues were up 15.3% year-on-year to €17.4 billion (US$18.9 billion), and adjusted EBITDA (earnings before interest, tax, depreciation and amortization) up 13.5% to €5 billion ($5.4 billion). T-Mobile US Inc. added 2.1 million customers in the quarter, taking its total to 58.9 million and helping boost its revenues by 13.7% year-on-year to $8.2 billion. In Deutsche Telekom's home market, adjusted EBITDA declined by 1.4% to €2.2 billion ($2.4 billion), partly as a result of higher personnel costs incurred by network buildout and IP migration. In the rest of Europe, revenues were down by 0.9% and adjusted EBITDA down 2.6% to €1.1 billion ($1.2 billion). (See DT Offsets Q2 German Slowdown With US Growth.)

  • Greek operator OTE S.A. , which is 40% owned by Deutsche Telekom, posted a loss of €3.6 million ($3.9. million) in its second quarter, reports Reuters, largely due to one-off costs associated with a voluntary redundancy program. In the same period last year it posted a profit of €69.3 million ($75.5 million).

  • It's official: The UK has become Smartphone Nation. That's the conclusion of the latest Communications Market Report, published by regulator Ofcom , which finds that a third of British Internet users favor the smartphone as the means of getting online, overtaking the laptop as the Internet device of choice. Two-thirds of UK adults now own a smartphone, up from just 39% in 2012, and, on average, adult Brits spend nearly two hours online a day via their smartphones.

  • Let's hope not too many of those smartphone addicts are using an EE Power Bar from production batch E1-06, as this is the charger that left a UK medical student with severe burns after it overheated, reports the BBC. The operator is now recalling all Power Bars from this particular production batch.

  • BT Group plc (NYSE: BT; London: BTA) has landed a seven-year voice services contract with the European Commission in a deal worth more than €15 million ($16.3 million). The carrier will provide fixed-line voice services at Commission sites in Belgium, Luxembourg and Strasbourg using the BT One Voice unified communications offering.

    — Paul Rainford, Assistant Editor, Europe, Light Reading

  • COMMENTS Add Comment
    kq4ym 8/8/2015 | 3:37:00 PM
    Smart phone takeover Very telling about the Brits now using those phones more than any other device. But, it's still amazing to me that "adult Brits spend nearly two hours online a day via their smartphones." Somehow that seems a lot of time to be looking at a small screen.
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