Deutsche Telekom adds 109,000 TV customers in 4Q 2014

Thursday, February 26th, 2015
Deutsche Telekom logo

BONN — Deutsche Telekom (Frankfurt: DTE)(NYSE:DT) has released its fourth quarter 2014 results report. The company added 65 thousand TV customers in Germany during the final quarter to finish the year with 2.442 million TV subscribers. In the same period Deutsche Telekom’s other European businesses gained 44 thousand TV customers to pass the 3.7 million mark.

TV Customers Summary (Q-o-Q and Y-o-Y)

                                  Dec. 31, 2014  Sept. 30, 2014     Change  Change
                                      thousands       thousands  thousands       %
                                  -------------  -------------  ---------  ------
Germany (IPTV, satellite)                 2,442          2,377         65     2.7
Europe (IPTV, satellite, cable)           3,714          3,670         44     1.2

                                  Dec. 31, 2014  Dec. 31, 2013     Change  Change
                                      thousands       thousands  thousands      %
                                  -------------  -------------  ---------  ------
Germany (IPTV, satellite)                 2,442          2,177        265    12.2
Europe (IPTV, satellite, cable)           3,714          3,503        211     6.0

“Our aim is to supply our TV services to 10 million customers across the Group, 5 million of them in Germany by 2017. We will expand our offerings of attractive content, also building on partnerships such as those with Sky or Netflix. We make this content accessible to our customers across all screens, whether television, smartphone, or tablet. In 2014, for example, we took further steps towards ‘TV on all screens’ with our cross-screen TV product ‘Entertain to go’.”

Germany

Among the positive developments in the quarter was the increase in the number of Entertain customers to more than 2.4 million, with more than 40 percent of new VDSL customers also opting for Entertain. In the VDSL roll-out areas, this value is even higher.

At the end of the year, the number of television customers had increased by 12.2 percent compared with the prior year.

TV Customers – Germany (IPTV, satellite)(‘000)

                     Q4 2013  Q1 2014  Q2 2014  Q3 2014  Q4 2014  Change %
                     -------  -------  -------  -------  -------  --------         
Consumer               2,001    2,071    2,133    2,190    2,254      12.6
Business                 174      182      184      185      186       6.9
                     -------  -------  -------  -------  -------  --------
  TOTAL                2,177    2,255    2,318    2,377    2,442      12.2

Europe

“Our TV business remains a constant growth driver: In 2014, we recorded year-on-year growth of 6.0 percent.”

TV Customers – Europe (IPTV, satellite, cable)(‘000)

                     Q4 2013  Q1 2014  Q2 2014  Q3 2014  Q4 2014  Change %
                     -------  -------  -------  -------  -------  --------
Greece                   256      278      296      321      354      38.3
Romania                1,353    1,370    1,384    1,397    1,414       4.5
Hungary                  885      896      905      910      923       4.3
Czech Republic(2)         31       27       28       29        2    (93.5)
Netherlands(3)            59        0        0        0        0   (100.0)
Croatia                  391      392      394      393      393       0.5
Slovakia(4)              440      444      455      461      468       6.4
                     -------  -------  -------  -------  -------  --------
  TOTAL(1)             3,503    3,558    3,619    3,670    3,714       6.0

1. The customers of Euronet Communications have no longer been included in the Europe operating segment since Jan. 2, 2014. Historical customer figures have been adjusted accordingly to improve comparability.
2. Our subsidiary in Czech Republic sold its SAT TV customer base in Nov. 2014. This decreased our customer base by 27 thousand customers. Customer figures for prior periods have not been adjusted.
3. DVB-T only.
4. Incl. DIGI Slovakia since Sept. 1, 2013.