Ad-hoc | 14 November 2002 14:03
Deutsche Telekom AG
part 4
Part 4 of the ad hoc notification of Deutsche Telekom AG
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Part 4 of the ad hoc notification of Deutsche Telekom AG
end of ad-hoc-announcement (c)DGAP 14.11.2002
Issuer’s information/explanatory remarks concerning this ad-hoc-announcement:
Part 4 of the ad hoc notification of Deutsche Telekom AG
T-Com increased revenue and kept EBITDA stable
T-Com’s revenue in the period under review increased by around 1 % from
EUR 22.1 billion in the first nine months of 2001 to EUR 22.3 billion.
Thus, for two quarters in a row, T-Com succeeded in increasing its
revenue compared with the same periods in the previous year. Domestic
business accounted for around 87 % of T-Com’s total revenue in the first
three quarters of 2002. The Eastern European companies MATÁV (including
Maktel), Slovenské Telekomunikácie and Hrvatske telekomunikacije shown
under T-Com made a contribution to revenue of around 13 %.
EBITDA in the T-Com division amounted to around EUR 7.5 billion in the
first nine months of 2002, and was thus at approximately the same level
as in the same period last year, EUR 7.6 billion, which was adjusted to
exclude the book profit from the sale of the cable company in Baden-
Württemberg amounting to EUR 908 million.
Adjusted EBITDA at T-Systems increased considerably
Revenue in the T-Systems division decreased by 3.4 % in the first three
quarters of 2002 to EUR 8.3 billion, compared with the first three
quarters of 2001 with EUR 8.6 billion. Adjusted EBITDA increased in the
first three quarters of 2002 by around 34 % to EUR 0.8 billion from EUR
0.6 billion in the same period last year. T-Systems also succeeded in
increasing the EBITDA margin considerably in all three quarters of the
2002 financial year in comparison with the previous year. The EBITDA
margin (before special influences) was around 12 % in the third quarter
of 2002. The strategic review resulted in a special influence affecting
EBITDA at T-Systems in the third quarter which was attributable to
restructuring expenses of around EUR 0.4 billion.
T-Mobile recorded strong increases in revenue and EBITDA
Revenue in the T-Mobile division increased by more than 40 % in
comparison with the same period last year to EUR 14.2 billion. Besides
the effects of T-Mobile CZ (formerly RadioMobil) and T-Mobile USA
(formerly VoiceStream and Powertel), which were not consolidated for
the entire first three quarters of 2001, the increased subscriber base
and increased average revenues per user throughout the year from
subsidiaries of T-Mobile International AG also had a positive impact.
The EBITDA of the T-Mobile segment increased in the first three
quarters of 2002 by around EUR 1.7 billion, 76 %, compared with
September 30, 2001, to around EUR 3.9 billion. The EBITDA margin
increased to 27.0 % from 21.5 % in the same period last year.
All subsidiaries increased their respective EBITDA contributions
compared with the same period last year and thus contributed to this
very positive development.
T-Online recorded higher revenue and EBITDA
The 24.4 % increase in total revenue of the T-Online segment, including
DeTeMedien, to EUR 1.3 billion was driven by the revenue growth at
T-Online International AG. The EBITDA of the T-Online division amounted
to around EUR 151 million in the first nine months of 2002 compared
with minus EUR 67 million in the same period last year.
The EBITDA margin in the first nine months of 2002 was 11.7 % compared
with minus 6.4 % in the same period last year.
End of part 4 of the ad hoc notification of Deutsche Telekom, part 5
to follow
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WKN: 555750; ISIN: DE0005557508; Index: DAX, EURO STOXX 50
Listed: Amtlicher Markt in Berlin, Bremen, Düsseldorf, Frankfurt, Hamburg,
Hannover, Stuttgart und München; EUREX; London, Amsterdam, NASDAQ Europe,
Virtex, New York (ADR), Tokio
141403 Nov 02