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