DT Financial & Performance – Page 8

  • dtw113-tt-tmnl-cash
    M&A

    Deutsche Telekom set to cash in on Dutch exit

    2022-03-28T14:27:00Z

    T-Mobile Netherlands’ junior partner Tele2 expects sale transaction to close within “weeks”. Group to receive around €3.8bn in net cash proceeds. Unlikely to follow Tele2’s lead and use cash windfall for extraordinary dividend.

  • Q4 FY21: New T‑Mobile mega-project remains on track
    Premium

    DT Q4 FY21: New T-Mobile US mega-project remains on track

    2022-03-19T16:13:00Z

    Momentum maintained on customer growth, despite rivals’ efforts to exploit post-Sprint vulnerabilities. NatCo claims to be through worst of post-Sprint churn phase. Synergy extraction programme said to be ahead of plan. DT executives remain delighted with development of American powerhouse and have options regarding plan to regain majority share. ...

  • Q4 FY21: T‑Systems dulls top line pain with withdrawals
    Premium

    DT Q4 FY21: T-Systems dulls top line pain with withdrawals

    2022-03-18T16:12:00Z

    FY21 sees big drop-offs in revenue and orders as legacy businesses contract and macro volatility bites. High-profile SAP partnership also seeing challenges. On earnings — T-Systems management’s main focus — the division reports further progress, helped by ongoing cost-cutting and jettisoning of unprofitable activities. But despite efficiency work, T-Systems ...

  • Q4 FY21: Spend still on pause despite more decent data
    Premium

    DT Q4 FY21: Europe spend still on pause despite more decent data

    2022-03-18T16:11:00Z

    New regional CEO Dominique Leroy kicks off leadership with a full FY of earnings growth. Nonetheless, DT remains unwillingly to up investment in region. Executives give downbeat assessment of regulatory and macro climate. Greece’s OTE and Austria’s Magenta Telekom among top performers.

  • dtw112-tt-esg
    Suppliers & SCM

    DT to judge suppliers on their climate ambition

    2022-03-18T08:59:00Z

    German operator looking for early win as it turns attention to vast — and growing — problem of supply chain emissions. Hardware vendors will be first to come under environmental spotlight as DT tweaks its RFP scoring system. Move comes following joint project with buying partner Orange.

  • Q4 FY21: Strengthening TDE nails targets
    Premium

    DT Q4 FY21: Strengthening TDE nails targets

    2022-03-17T16:10:00Z

    Telekom Deutschland stays ‘in the zone’ with twin-track sales and profit growth during FY21. NatCo maintains commercial momentum in broadband arena. Executives downplay threat of inflation to fibre mega-project. Ongoing growth expected in FY22.

  • dtw113-tt-softbank
    Partnerships & Alliances

    DT partner SoftBank hit by perfect storm

    2022-03-17T15:33:00Z

    Investors raise concerns over ‘money-losing startups’ that litter SoftBank’s portfolio. Vision Fund II, DT’s partner in at least three investments, remains a priority.

  • Deutsche Telekom Innovation & Venturing: startups targeted in Hong Kong
    Premium

    Deutsche Telekom Innovation & Venturing: startups targeted in Hong Kong

    2022-03-16T16:09:00Z

    Hong Kong startups targeted; DTCP makes customer service investment and partners with everphone.

  • Q4 FY21: Leadership of Europe? Done that, got the T‑shirt
    Premium

    DT Q4 FY21: Leadership of Europe? Done that, got the T-shirt

    2022-03-15T16:08:00Z

    Another strong year of growth for Group, led by USA. As Sprint integration progresses, DT targets €10bn in free cash flow for current year. Unfortunate clash with Ukraine invasion dulls shareholder reaction. Executives stress openness and flexibility when it comes to a big TowerCo deal, but want full recognition ...

  • Headlines: cash flow back on course, before spectrum
    Premium

    DT Q4 FY21 Headlines: cash flow back on course, before spectrum

    2022-03-15T16:08:00Z

    Headlines: cash flow back on course, before spectrum Source: Aaron Burden / Unsplash The Group’s FY21 results again drove home the dramatically increased scale and power of DT’s Transatlantic platform, following the Sprint takeover. DT ended the FY strongly, recording a 4.7%-rise in net revenue, to €28.9bn, ...

  • Spend: strategy on track
    Premium

    DT Q4 FY21 Spend: strategy on track

    2022-03-15T16:08:00Z

    Spend: strategy on track Source: Wolfgang Rottmann / Unsplash Spending-wise, FY22 appears set for more of the same, with DT expecting to continue increasing capital expenditure (capex) during the current year, driven by mega-projects at TDE and (particularly) TMUS. It is forecasting €19.3bn in capex during the ...

  • dtw112-tt-deloitte
    Operations

    DT opts for second-choice Deloitte as new auditor

    2022-03-02T12:56:00Z

    Deloitte given mandate to replace incumbent PwC. Proposal to be put to shareholders in April, and comes after disrupted, three-year selection process. DT drops one-off management bonus option after stockholder criticism.

  • dtw112-tt-glasfaser-fiber
    Venturing & Investments

    Revealed: DT’s fibre linkup with ex-Deutsche Glasfaser bosses

    2022-02-28T13:07:00Z

    Group investment arm DTCP takes large minority stake in startup Fiber Experts Deutschland. Venture sees DT link up with former Deutsche Glasfaser execs Uwe Nickl and Dr. Stephan Zimmermann. Ex-DT executive Wolfgang Kniese involved in venture’s management.

  • dtw112-tt-iss
    Suppliers & SCM

    Outsourcer ISS confident on DT mega-deal recovery

    2022-02-28T11:31:00Z

    Deutsche Telekom’s German facilities partner says it has worked through majority of deal restructuring programme instigated in 2020. Business continues to target breakeven by end of FY22.

  • dtw112-tt-dt first take
    Financial & Performance

    DT’s FY21 report: events intervene but an empowered Höttges talks tough on towers

    2022-02-25T14:07:00Z

    Another strong year of growth for Group, led by USA. Unfortunate clash with Ukraine invasion dulls shareholder reaction. Executives stress openness and flexibility when it comes to a big TowerCo deal, but want full recognition of DT assets’ worth. Muddiness on future of BT holding. Inflationary pressures said to ...

  • T-Mobile US wheels in Amdocs for data management
    Partnerships & Alliances

    T-Mobile US wheels in Amdocs for data management

    2022-02-25T08:54:00Z

    Amdocs CEO flags “multi-year” deal on DataONE, the vendor’s cloud-based data management system. Closer BSS integration following Sprint merger, and gaining actionable insights from customer behaviour, appear key goals. DataONE contract follows last year’s adoption of amdocsONE to provide “next-generation” comms and media services.

  • dtw112-tt-funds-siezed
    Public Affairs

    Swiss court orders DT to seize $12.7m in assets

    2022-02-15T13:46:00Z

    Ruling says funds due to Airport Authority of India. Convoluted case sees Deutsche Telekom caught in the crossfire as a result of minority stake in Devas Multimedia. Long-running legal disputes date back 17 years.

  • dtw112-tt-assurant-t-mobile
    Suppliers & SCM

    Assurant tools up for T-Mobile in store repair deal

    2022-02-11T12:40:00Z

    Assurant recruits 2,000 technicians and managers to lead same-day repairs service at T-Mobile stores. Contract comes with substantial investment requirements, but upsides anticipated in the coming year. Sprint migration also completed.

  • dtw111-tt-blinkist
    Venturing & Investments

    hubraum progeny Blinkist turns a profit

    2022-01-05T12:59:00Z

    Book-summarising startup gets into the black for the first time. Milestone reached decade into life of the business. Deutsche Telekom incubator hubraum exits startup on the cusp of profitability. Operator was early investor in 2012.

  • DTw#97-Bonn-Q2
    Suppliers & SCM

    Deloitte ‘in line for Deutsche Telekom auditing role’

    2021-12-29T09:08:00Z

    Report indicates operator is close to concluding a prolonged and politicised auditor selection process. Deloitte now seen as in pole position to replace incumbent PwC.