Telefónica Germany is stronger than ever before

Financially strong:A company on a sustained profitable growth path

For Telefónica Germany all signs point to growth. We are in an excellent position to shape the digitalisation of our economy and society and to benefit from it.

Operating business 2022

  • More than 44 million mobile lines - no mobile provider in Germany connects more people
  • Over 80 percent own customers - more direct business relationships than any other provider in this country
  • +1.2 million contract customers (without M2M) in 2022 - more than any other operator
  • Network transports > 3.5 billion gigabytes of mobile data - more than any of our competitors


  • Revenue increased by 5,9% percent to an all-time high of EUR 8.224 billion (2022)
  • Dynamic growth in mobile service revenue: +4.6% in 2022
  • Steady increase in OIBDA: +5.3% in 2022 (adjusted for exceptional effects)
  • Attractive dividend yield with most recent dividend of €0.18 per share for 2022
  • Low leverage at 1.6 times OIBDA allows extensive financial flexibility

Responsible Business Plan 2025

  • Sustainability initiatives with 76 measures
  • Net CO2 neutral by 2025 at the latest with the greenest network
  • Offer sustainability-oriented products and services
  • Qualification and health for employees in the digital world of work
  • Promote digital skills of almost 10 million people in 2021

Net CO2 neutral by 2025 at the latest

  • Total electricity consumption already covered by 100 percent green electricity
  • Electricity efficiency to increase by at least 87 percent by 2025
  • Green power quality to be increased through power purchase agreements and self-generated electricity
  • CO2 emissions to be reduced by more than 90 percent by 2030 compared to 2019 levels

"Very good":Our network

“The starting point for our future network expansion is optimal. We have exactly the motivation and the tailwind to further improve our grid now and to attack with confidence. We have a clear goal: We want to turn our very good network into a great network. We will give everything for this, because this is what our customers expect and deserve.“
Mallik Rao, Chief Technology & Information Officer


  • Building a sustainable 5G infrastructure that lays the foundation for the digital future of society, business, and consumers
  • Already 90 % population coverage (July 2023)
  • Target: >90 % 5G coverage by the end of 2023, by the end of 2025 at the latest for the whole of Germany
  • O2 Telefónica as established partner for deployment and operation of industrial 5G networks

Massive LTE expansion

  • O2 Telefónica continuously expands the 4G/LTE mobile network
  • The LTE/4G network offers high speeds and capacities
  • Nationwide, the company covers more than 99 percent of the population with 4G/LTE

Network tests

External tests confirm a very high network quality of the O2 network:

Further news

Unless otherwise stated, all data for the 2022 financial year and the reporting date December 31, 2022
*connect mobile and 5G network test, issue 01/2024: “very good” (895 points) for O2; overall: 2x "very good" (926 and 895 points) and 1x “outstanding” (967 points). 5G is available for suitable devices at more and more locations. Further information at o2.de/netz