Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

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

DEUTSCHE TELEKOM (DTE)
Mes dernières consult.
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets

Hungary Mobile Operators Slam Government Telecoms Tax Bill

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/14/2012 | 05:06pm CEST

Hungary's mobile operators Monday slammed a government bill to tax operators on voice traffic, deeming it a direct successor to sectoral levies the government agreed to phase out from 2013.

As part of a fiscal overhaul program, the government has proposed several taxes, including the voice-traffic levy, in a bid to hit budget deficit goals of 2.5% of gross domestic product in 2012 and 2.2% of GDP in 2013. The government hopes the new taxes will generate 30 billion forints ($133.6 million) this year and HUF52 billion next year.

The planned voice-traffic tax is HUF2 a minute with monthly upper limits set at for HUF700 household consumers and HUF2,500 for corporate customers.

The government had said during sectoral negotiations that the tax would be imposed on consumers, whereas the cabinet's bill aims the tax at service providers, Magyar Telekom Nyrt. (MTELEKOM.BU), Telenor Hungary Zrt. and Vodafone Hungary Zrt. said in a joint statement.

The companies said the new levy doubles the tax load on service providers, referring to a sectoral crisis tax that has weighed heavily on profitability since 2010.

Magyar Telekom is owned by Deutsche Telekom AG (>> Deutsche Telekom AG), while the other two are subsidiaries of Telenor ASA (TEL.OS) and Vodafone Group PLC (>> Vodafone Group plc).

-By Marton Eder, Dow Jones Newswires; +3630-905-4679; [email protected]

Stocks mentioned in the article : Deutsche Telekom AG, Vodafone Group plc, Vodafone Group plc
Stocks mentioned in the article
ChangeLast1st jan.
DEUTSCHE TELEKOM 0.41% 13.37 Delayed Quote.-9.63%
DEUTSCHE TELEKOM 0.15% 13.3 Delayed Quote.-10.14%
MAGYAR TELEKOM TAVKOZLESI NYRT --End-of-day quote.
TELENOR -2.08% 164.9 Delayed Quote.-6.25%
VODAFONE GROUP PLC --End-of-day quote.
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on DEUTSCHE TELEKOM
05/25DEUTSCHE TELEKOM AG : Notification and public disclosure of transactions by pers..
EQ
05/24DEUTSCHE TELEKOM AG : Notification and public disclosure of transactions by pers..
EQ
05/24Deutsche Telekom to 'Significantly' Cut Costs, Consider Buybacks -- Update
DJ
05/24DEUTSCHE TELEKOM : targets uninterrupted growth
PU
05/24DEUTSCHE TELEKOM : to 'Significantly' Cut Costs
DJ
05/23NEW DEUTSCHE TELEKOM SERVICE FOR BUS : Android smartphones set up from the cloud
PU
05/22DEUTSCHE TELEKOM : Bridge the Gap
PU
05/22DEUTSCHE TELEKOM : DT mulling an exit from Macedonian market
AQ
05/22DEUTSCHE TELEKOM AG : Notification and public disclosure of transactions by pers..
EQ
05/21DEUTSCHE TELEKOM : Hitch & Deutsche Telekom to roll out Smart Home technology in..
AQ
More news
News from SeekingAlpha
05/25Deutsche Telekom (DTEGY) Investor Presentation - Slideshow 
05/13THE NEST EGG PORTFOLIO : Bpost Is Now Yielding Almost 8%. Value Or Value Trap? 
05/09Deutsche Telekom AG reports Q1 results 
05/08FT : Vodafone closing in on ?18B asset deal with Liberty Global 
04/30Deutsche Telekom (DTEGY) Supercharging U.S. Growth & Value Creation - Slidesh.. 
Financials (€)
Sales 2018 74 649 M
EBIT 2018 10 053 M
Net income 2018 3 972 M
Debt 2018 47 165 M
Yield 2018 5,20%
P/E ratio 2018 15,38
P/E ratio 2019 13,30
EV / Sales 2018 1,48x
EV / Sales 2019 1,43x
Capitalization 63 661 M
Chart DEUTSCHE TELEKOM
Duration : Period :
Deutsche Telekom Technical Analysis Chart | DTE | DE0005557508 | 4-Traders
Technical analysis trends DEUTSCHE TELEKOM
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 27
Average target price 16,3 €
Spread / Average Target 22%
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
Sector and Competitors
1st jan.Capitalization (M$)
DEUTSCHE TELEKOM-9.63%74 165
VERIZON COMMUNICATIONS-8.11%200 480
NIPPON TELEGRAPH AND TELEPHONE CORP-4.71%98 439
TELEFONICA-4.28%47 042
ORANGE3.18%46 283
SAUDI TELECOM COMPANY SJSC--.--%46 133