Thursday, November 8, 2012

DT posts Q3 loss on T-Mobile USA writedown

German telecoms giant Deutsche Telekom (DT) has released its financial results for the three- and nine-month periods ended 30 September 2012, reporting stable turnover of EUR14.65 billion (USD18.8 billion) for the third quarter of 2012, while revenue in the first nine months of the year slipped 0.6% year-on-year to EUR43.46 billion. Domestic sales fell 1.7% in 3Q12 and 2.8% in 9M12 to EUR6.438 billion and EUR19.185 billion, respectively, with the international business reporting year-on-year growth of 1.1% for both periods. Adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) declined by 2.6% from EUR4.91 billion in Q3 2011 to EUR 4.77 billion twelve months later, and decreased slightly by 0.9% to EUR13.95 billion in the first nine months of 2012


Originally posted here:
OVETEL DT posts Q3 loss on T-Mobile USA writedown

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