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4-Traders Homepage  >  Equities  >  Xetra  >  Deutsche Telekom    DTE   DE0005557508

DEUTSCHE TELEKOM (DTE)
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Deutsche Telekom : upgrades 750,000 customers to super-fast broadband

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03/12/2018 | 11:22am CEST

Deutsche Telekom has boosted connectivity for customers in rural and hard-to-reach parts of Germany, by doubling their download speeds from 50Mbps to 100Mbps.

As part of its network transformation project, DT has boosted speeds at 745,000 properties throughout Germany 450,000 of which are located in rural and hard to reach areas.

This month the number of new 100-Mbps households ranges from several ten thousand in Berlin, Hanover and Munich to several dozen in locations such as Ehingen, Krten and Malli. Customers from Flensburg in the north to Schnau in the south, and Kranenburg in the west to Ostritz in the east, are enjoying the benefits of the new service, said Tim Httges, CEO Deutsche Telekom.

Our mission is to provide fast Internet for millions of people now, instead of top speeds for just a select few, whether they be in metropolitan or rural areas.

Customers can also now experience upload speeds of up to 40Mbps.

Deutsche Telekom has sharpened its focus on expanding super-fast coverage to rural communities in recent months.

"We aren`t only building information superhighways between major metropolises and population centres; our network also extends to the countryside. We are the only company pursuing comprehensive broadband expansion," said Httges.

(c) 2018 Universal Solutions S.A.E. All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials (€)
Sales 2018 74 818 M
EBIT 2018 10 085 M
Net income 2018 3 931 M
Debt 2018 52 483 M
Yield 2018 5,17%
P/E ratio 2018 15,85
P/E ratio 2019 13,86
EV / Sales 2018 1,56x
EV / Sales 2019 1,49x
Capitalization 64 470 M
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Deutsche Telekom Technical Analysis Chart | DTE | DE0005557508 | 4-Traders
Technical analysis trends DEUTSCHE TELEKOM
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TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 27
Average target price 16,4 €
Spread / Average Target 21%
EPS Revisions
Managers
NameTitle
Timotheus Höttges Chairman-Management Board & CEO
Ulrich Lehner Chairman-Supervisory Board
Thomas Dannenfeldt Chief Financial Officer
Claudia Nemat Head-Technology & Innovation
Michael Sommer Member-Supervisory Board
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