Revenues at Deutsche Telekom rose 5.8 percent to €18.65 billion in the first quarter thanks, as usual, to the performance of T-Mobile US.
The operator’s American opco grew sales by 14.9 percent to €8.98 billion, as it added 1.1 million new customers in the quarter to reach 72.6 million in total. Significantly, ARPU for branded postpaid and prepay subscribers rose 2.9 percent and 2.5 percent respectively on 12 months ago.
In Germany, revenues nudged up 0.2 percent to €5.4 billion thanks to the performance of fixed-line services.
The operator added 775,000 FTTx customers in the quarter – its best ever performance – and 76,000 IPTV subscribers.
Mobile revenues in its home market were down 0.8 percent.
Sales in the rest of Europe increased 0.7 percent to €2.78 billion after opcos from Albania to Poland added 130,000 new customers.
However, sales at T-Systems fell 8.3 percent to €1.7 billion as the enterprise arm failed to close any “big deals”.
Across the board, adjusted EBITDA rose 7.5 percent to €5.96 billion, boosted by an increase in excess of 25 percent at T-Mobile US.
Net profit was down by three-quarters to €747 million as last year’s figure was boosted by the sale of DT’s stake in EE.
Net debt jumped five percent to €49.96 billion.
Deutsche Telekom CEO Tim Höttges said: "The positive trends remain unbroken: We are growing in the United States and have recently returned to growth in Germany.
"We got off to a good start in 2017. And, after a glance across the Atlantic, I can only say that our investments in the United States have paid off."