Archibald Preuschat and Philipp Grontzki DOW JONES NEWSWIRES
BONN (Thomson Financial) – The German Telekom AG plans with the development of Business away from the voice capture new revenue fields. Services like mobile internet, web hosting, but also areas such as smart meter systems and networks are, overall, Contribute revenues of up to 13 billion EUR in 2015, said CEO René Obermann investors in advance of event which prevents Telekom on Wednesday and Thursday.
The Bonn incumbent suffers from the fixed network for years because of the Loss of customers in the direction of mobile phone under a continuing loss of Connections. In mobile communications, is also due to the saturation many markets a tough price competition instead. Obermann said that his Companies would go back to 2012 on the growth path, namely not through acquisitions, but organic.
Last year, the group’s results in sales and operating profit – increasing but only by the initial inclusion of Greek company OTE, which, since 1 Fully consolidated in February 2009 is.
In Germany, the revenues are expected to translate to 2012 Details of Wednesday, according to stabilize. In March 2008 it was said yet stabilized will be visualized in 2010 – then moved the statement but only to the domestic Fixed-line activities. Telekom is currently placing their native cellular and Fixed-line business together to serve the growing convergence of the two accounts to bear.
Has high hopes for the group to be Internet TV offer "Entertain", which is also the Football League in Program. Up to the end of 2012, the Bonn here up to 3 million marketed Packages in the herd have, compared with around one million in late 2009. The Pay-TV broadcaster Sky Germany, who also live Bundesliga games transfers, will overtake the telecoms, as Obermann said. Sky was the end December 2.47 million subscriptions directly in the stock. News Corp., which also Dow Jones and thus heard the news agency that looks for recent data 45.42% of Sky Germany.
Overall, Deutsche Telekom will in the next three years, 10 billion EUR Germany to invest, especially to the increasing demand for high Providing bandwidth and the cable industry meet to be able to stand up, with the combined offerings from television, Internet and telephony Go for clients.
Said, with a view to the weakening U.S. subsidiary T-Mobile USA Obermann, that the group operating margin based on the Bring this service revenues by 2012 to over 35% would like. Last year was them at 31.2%.
Website: www.telekom.com - By Archibald Preuschat, Dow Jones Newswires; +49 (0) 211 - 13872 18; archibald.preuschat @ dowjones.com DJG / DJN / phg / jhe Visit our website http://www.dowjones.de
(END) Dow Jones Newswires
March 17, 2010 09:09 ET (13:09 GMT)
Copyright (c) 2010 Dow Jones & Company, Inc.
Tags: tv broadcaster, thomson financial, german telekom ag, initial inclusion, dow jones newswires
