Deutsche Telekom MagentaTV subscribers up 66,000 in 1Q 2019

Deutsche Telekom recorded earnings growth in all areas in the first quarter of 2019, thereby seamlessly continuing the Group’s success from its record year of 2018.

Germany – MagentaTV gains ground

The number of customers with fiber-optic-based products (FTTH, FTTC/vectoring) increased by 688,000 in the quarter, reaching 12.9 million at the end of March, up 24 percent year-on-year. Interest in these products rose tangibly with the launch of MagentaTV, the next development level in Deutsche Telekom’s IP TV offering. 66,000 new MagentaTV customers were recorded in the quarter just ended, taking the total number to 3.4 million, an increase of 7.1 percent compared with March 2018.

Europe

Our TV and entertainment services saw moderate customer growth of 1.4 percent as of March 31, 2019, primarily due to new business in Croatia. Adjusted for this effect, the number of customers remained stable compared with the end of the prior year. Gains at our national companies in Hungary and the Czech Republic offset customer losses in Romania. With both telecommunication providers and OTT players offering TV services, the TV market is already saturated in many countries of our segment.

TV Customers (‘000)

                                    Q1 2018  Q2 2018  Q3 2018  Q4 2018  Q1 2019   Δ YoY %   Δ QoQ %
                                    -------  -------  -------  -------  -------  --------  --------
Germany (IPTV, SAT)                   3,193    3,240    3,291    3,353    3,419       7.1       2.0

 Greece (IPTV, SAT, Cable)              526      523      531      540      539       2.5     (0.2)
 Romania (IPTV, SAT, Cable)           1,464    1,463    1,454    1,443    1,409     (3.8)     (2.4)
 Hungary (IPTV, SAT, Cable)           1,038    1,045    1,065    1,087    1,106       6.6       1.7
 Czech Republic (IPTV, SAT, Cable)       47       57       68       86      101      n.a.      17.4
 Croatia (IPTV, SAT, Cable)             415      415      413      418      488      17.6      16.7
 Slovakia (IPTV, SAT, Cable)            600      605      607      617      621       3.5       0.6
 Austria (IPTV, SAT, Cable)               -        -      456      451      447      n.a.     (0.9)

Europe (IPTV, satellite, cable)       4,271                      4,835    4,904      14.8       1.4