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Deutsche Telekom AG ADR (DTEGY)

- OTCQX
  • May. 1, 2014, 8:01 AM
    • Thanks to aggressive pricing and a slew of promotions, T-Mobile (TMUS) added 1.3M branded postpaid subs (1.2M phone subs), 465K branded prepaid subs, and 600K non-branded subs in Q1. The branded postpaid figure dwarfs Verizon's (VZ) 539K and AT&T's (T) 625K - the difference in phone adds is even larger - and compares with a net loss of 333K for would-be suitor Sprint (S).
    • Regulators mulling a Sprint/T-Mobile tie-up are doubtlessly paying attention, and the same goes for AT&T and Verizon: The former has responded more aggressively to T-Mobile's price cuts thus far than the latter.
    • Thanks to the strong Q1 numbers, which come after T-Mobile added 1.645M total subs (869K branded postpaid) in Q4, the carrier now expects 2.8M-3.3M branded postpaid net adds in 2014, up from a prior 2M-3M. Cash capex is still expected to be in a range of $4.3B-$4.6B.
    • At the same time, T-Mobile's strategy continues taking a near-term toll on its bottom line: Adjusted EBITDA fell 26% Y/Y to $1.09B, and T-Mobile has cut its full-year adjusted EBITDA guidance to $5.6B-$5.8B from $5.7B-$6B. Adjusted EBITDA margin fell 400 bps Q/Q to 20%.
    • Service revenue rose 4.5% Y/Y to $5.34B. Branded postpaid churn fell 20 bps Q/Q and 40 bps Y/Y to 1.5% (a new record). ARPU fell $0.69 Q/Q to $50.01. "Simple free cash flow" (adjusted EBITDA - cash capex) was $141M, down from $357M in Q4 and $239M a year ago.
    • TMUS +7.6% thanks to the sub adds and a Bloomberg report stating Sprint has lined up financing for a bid. Sprint +6.2%. T-Mobile parent Deutsche Telekom (DTEGY) is up 2.9% in Frankfurt.
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  • May. 8, 2013, 12:05 AM
    Notable earnings before Wednesday’s open: AOL, ARQL, CTSH, CWH, DTEGY.PK, ENB, EZCH, FSYS, FUN, KRO, LMCA, LSE, MPEL, NAVB, NICE, POZN, SODA, STWD, THI, TTI, VVUS, WEN, WMC
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  • May. 7, 2013, 5:30 PM
    Notable earnings before Wednesday’s open: AOL, ARQL, CTSH, CWH, DTEGY.PK, ENB, EZCH, FSYS, FUN, KRO, LMCA, LSE, MPEL, NAVB, NICE, POZN, SODA, STWD, THI, TTI, VVUS, WEN, WMC
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  • Nov. 8, 2012, 6:25 AM
    Deutsche Telekom AG (DTEGY.PK): Q3 Net loss of -$6.9B vs. consensus of $6.46B. Revenue of $14.65B beats by $100M. (PR)
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  • Aug. 4, 2011, 7:39 AM
    Deutsche Telekom's (DTEGY.PK) T-Mobile USA division, set to be acquired by AT&T (T), reports a Q/Q net loss of 50K subscribers during Q2, including a loss of 281K postpaid subs. This continues a long string of subscriber losses for the carrier, and could bolster arguments that T-Mobile can't effectively compete as an independent carrier.
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  • May. 3, 2011, 11:58 AM
    A number of mobile phone firms are moving today, in sympathy with MetroPCS (PCS +8.3%) after it added record customers in Q1. MetroPCS said in a call it hoped an AT&T (T)/T-Mobile (DTEGY.PK) tie-up would free up divested spectrum to smaller companies that need it for growth. T +1.6%; VZ +0.9%; DTEGY.PK +0.7%; USM +0.6%.
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  • Apr. 25, 2011, 3:10 PM
    Julian Day, winding up five years at Radio Shack (RSH -0.8%), is leaving behind a mess with shares lower than when he arrived. The company posted a 30% drop in Q1 earnings and downward guidance, and its partnership with T-Mobile (DTEGY.PK) has been a "disaster." It’s a "surprise" that Radio Shack hasn't been bought, which Paul Ausick says "should say something about its prospects."
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Company Description
Deutsche Telekom (OTCQX: DTEGY) is one of Europe's leading telecommunications and information technology service companies. Deutsche Telekom is also the parent company of T-Mobile USA, one of four national wireless carriers in the U.S., with 33.7 million customers. In Europe, we are Germany?s... More
Sector: Technology
Country: Germany