Frankfurt, Germany - German Telecommunications Deutsche Telekom AG company given profits NET fall 37 percent in the first quarter it lost customers of mobile telephony to the United States and his company suffered in crisis-hit the Greece.
Statement of income for Friday showed a net profit of euro480 million ($696 million), compared to euro767 million dollars per year. Revenue fell 7% to euro14.597.
The company said that its business has remained relatively strong in his country of origin, Germany. But he faces a variety of difficulties elsewhere. Those who understand a struggle permanent against the greatest competitors to the United States; slow economies in Greece and Romania. a new tax in Hungary and expensive efforts to attract and retain customers in Dutch and Poland.
The company saw its slide base and income from the client to T-Mobile USA, which is selling to AT & T $ 39 billion. Turnover high among clients of contract of 2.4 per cent was a low point, only partly offset by the growth of prepaid customers.
As a result, the United States global customer decreased 99 000 in the quarter to 33.6 million.
"Despite the sale of T-Mobile USA, the company will continue to pursue its strategy as an aggressive competitor on the market until that the transaction has been closed," the company said in a news release.
The sale to AT & T would reduce the number of American mobile phone companies with national coverage of four to three and must pass a review of antitrust regulators. The Ministry of Justice and the Federal Communications Commission could take a year or more to review the proposed transaction.
Deutsche Telekom earnings were also reduced because the company no longer includes earnings from T-Mobile UK, now part of a joint venture with France Telecom Orange.
Performance of the enterprise of hundred 9 euro per share did not 15 eurocents Analyst estimates. Shares declined 1% to 11.05 trading Germany morning.
No comments:
Post a Comment