Financial Statement 2012: Telefónica Deutschland outperforms the market

-7.0 percent increase in wireless service revenues
-Over 10 million contract customers
-31 percent increase in data revenues
-11.3 percent growth in OIBDA
MUNICH. Telefónica Deutschland confirms its profitable growth in 2012. The number of contract customers exceeds the 10 million threshold for the first time. The results are particularly positive for wireless service revenues and data services. Operating Income before Depreciation and Amortization (OIBDA) is also increasing.
Selected Consolidated Financial Data
Telefónica Deutschland concludes the financial year 2012 with successful results. The number of total accesses (wireless, fixed network, wholesale) grew by 3.6 percent in comparison with the fourth quarter of the previous year, reaching 25.4 million at the end of 2012. New contract customers were the main contributing factor again to the number of customer accesses, which rose by 219,500 in the fourth quarter. The company also made gains in wireless service revenues. It increased by 7.0 percent over the course of the year compared to 2011. Wireless revenues (including the hardware business) increased by 6.6 percent in the same evaluation period. If mobile termination rates are not taken into account, wireless service revenues increased by 7.3 percent and wireless revenues by 6.9 percent. Telefónica Deutschland revenues also increased in 2012, reaching 5.2 billion euros at the end of the year.
Selected Operational Data
"For the first time in the company's history, we have over 10 million contract customers," says René Schuster, CEO of Telefónica Deutschland. "The customer needs in the market have changed. With our O2 Blue Portfolio we meet these needs precisely." The growth engine is still the data business. Non-SMS data revenues increased by 30.7 percent in the course of 2012 compared with the same evaluation period of the previous year, non-SMS data revenues now amounts to 56.7 percent of the total data revenues. Data ARPU increased by 9.3 percent over the last year compared with the same period in 2011. The average monthly revenue per user (ARPU) showed solid progress in 2012. "Despite strong competition, we continue to perform very well in the market with this result," says Rachel Empey, CFO of Telefónica Deutschland. "Achieving profitable and sustainable growth is still crucial for us". Operating Income before Depreciation and Amortization (OIBDA) also moved in a positive direction. This increased by 11.3 percent over the course of 2012 compared with the same period of time in 2011. The OIBDA margin also grew by 1.7 percentage points during the same period. Increased investments were particularly influenced by accelerating LTE network rollout. Over the full year 2012, investments increased by 9.2 percent compared to last year. In parallel, further investments were used to increase of capacity in the 3G network as well as the development of new products and services. Please find further financial figures on our Investor Relations website.
Telefónica Deutschland Holding AG, listed at the Frankfurt Stock Exchange in the Prime Standard, and its wholly-owned, operationally active subsidiary Telefónica Germany GmbH & Co. OHG belong to Telefónica Europe and are part of the Spanish telecommunication group Telefónica S.A. The company offers its German private and business customers post-paid and prepaid mobile telecom products as well as innovative mobile data services based on the GPRS, UMTS and LTE technologies with its product brand O2. In addition, the integrated communications provider also offers DSL fixed network telephony and high-speed internet. Telefónica Europe has more than 105 million mobile and fixed network customers in Spain, Great Britain, Ireland, the Czech Republic, Slovakia and Germany.