Yazılar

Deutsche Telekom Beats Q1 Profit Forecast, Raises 2025 Outlook

/in /tarafından

Deutsche Telekom reported a stronger-than-expected performance in the first quarter of 2025, with its core profit (EBITDA AL) rising to €11.3 billion, slightly above the €11.1 billion expected by analysts. The results were boosted in part by a stronger U.S. dollar and solid contributions from its American unit, T-Mobile US.

The German telecom giant also slightly raised its full-year 2025 guidance, now projecting:

  • Core profit of approximately €45 billion (up from €44.9 billion)

  • Free cash flow after leases of €20 billion (previously €19.9 billion)

CEO Tim Höttges emphasized the group’s resilience amid economic challenges, noting that free cash flow for Q1 jumped 52.4% year-on-year, beating expectations by over €1 billion.

Highlights by Region:

  • United States: Continued strength from T-Mobile US, which recently raised its own profit forecast despite lagging in wireless subscriber growth.

  • Germany: Faced pressure, losing 7,000 broadband customers amid intense competition in a slowing broadband market. Analysts suggest platforms like Check24 may be aiding competitors like Vodafone.

  • Europe (excluding Germany): Performed well, with an organic revenue increase of 3.7%, supporting the company’s overall growth momentum.

Despite the positive results, Deutsche Telekom shares were down 0.2% at 07:20 GMT. However, they remain up about 9% year-to-date, reflecting continued investor confidence in the group’s long-term strategy and international diversification.

India Plans to Attract Satellite Companies with New Spectrum Policy Amid Musk-Ambani Tensions

/in /tarafından

India’s recent decision to allocate satellite spectrum rather than auction it is expected to enhance consumer choices, according to telecom minister Jyotiraditya Scindia. The policy has sparked debate, particularly as it aligns with Elon Musk’s Starlink ambitions in India, while raising concerns for Mukesh Ambani’s Reliance Jio.

Key Points:

  • Satellite Spectrum Allocation: India has opted to allocate satellite spectrum administratively, aligning with global practices favored by Musk’s Starlink, rather than auctioning it, as proposed by Ambani’s Reliance Jio.
  • Reliance Jio’s Concerns: Reliance has expressed fears about the potential loss of customers to Starlink, which could affect its broadband, data, and voice services. Ambani, who invested heavily in airwave auctions, has urged a level playing field.
  • Government’s Vision: Scindia reassured that the policy aims to provide consumers with more choices, noting that satellite technology currently cannot replace terrestrial networks for indoor services.
  • Market Potential: India’s satellite broadband market is predicted to reach $1.9 billion by 2030, attracting global players like Starlink and Amazon’s Kuiper. Applications from both companies for licenses are still under review.
  • Telecom Market Dynamics: The Indian market is highly competitive, with major players such as Reliance, Bharti Airtel, and Vodafone Idea. Data prices remain among the lowest globally, and internet connectivity has grown rapidly.