Deutsche Telekom Q1 FY24 Spend: German fibre costs continue to irk Illek

Richard Agnew2024-05-30T09:06:00

Group concerns over cost control in German fibre buildout remain evident, as home market capex jumps more than 25% and CFO warns of more contract pain to come.

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Organisations: Deutsche Telekom; Sprint; Telekom Deutschland (TDE); T-Mobile US (TMUS).
People: Srini Gopalan; Christian Illek.
Themes: Capital expenditure (capex); Collective bargaining agreement; Construction costs; Cost control; Fibre (FTTP); Inflation; Integration spend; Network investment; Operating expenditure (opex); Regulation; Spectrum licence acquisition; Supply contracts; Union negotiations.
Geographic: Europe; Germany; North America; USA.

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