Telefónica Deutschland:Strong results in third quarter

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  • 12.5 percent growth in OIBDA
  • Data revenue up 28.3 percent
  • Wireless service revenue up 5.6 percent
  • 10.3 percent more contract customers
MUNICH. Today Telefónica Deutschland publishes its results for the first time as a listed company. Despite a competitive market, the strong third-quarter results underline its sustained growth. The company saw a rise in contract customers as well as data revenue, while the operative result (OIBDA) continued its positive trajectory.
The third quarter results bear out Telefónica Deutschland's growth strategy. The company increased its number of total accesses (wireless, fixed network, wholesale) to 25.3 million euro, an increase of 4.1 percent on the same period last year. The postpaid segment, in particular, showed strong growth, gaining 171,000 new customers in Q3. And the prepaid business also continued to grow, doubling its number of new customers compared to the previous quarter. Wireless service revenue increased 5.6 percent compared with the third quarter of 2011 to reach 812 million euro. And with a 6.9 percent increase over the same period, wireless revenue (including the hardware business) grew to 977 million euro in Q3. Total revenue added to the positive trend, gaining 4.1 percent in Q3 2012.
"In the last few years we've written a successful growth story," says René Schuster, CEO of Telefónica Deutschland. "This is also reflected in mobile service revenue. Here we are number three in the market," Schuster added. The data business is once again a key growth driver. Non-SMS data revenue rose 28.3 percent compared with the third quarter of 2011. Another very positive result was data ARPU, which was 8.1 percent higher than the third quarter of the previous year. This also drove up average monthly revenue per user (ARPU) to 14.00 euro compared to the second quarter of 2012.
"Having another positive result in a competitive market environment shows that we are pursuing the right strategy for profitable growth," says Rachel Empey, CFO of Telefónica Deutschland. The operative result (OIBDA) showed a strong increase of 12.5 percent compared with Q3 2011, and, at 1.9 percentage points, there was a noticeable gain of the OIBDA margin in the same period, which now stands at 25.7 percent.
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.

Disclaimer

This document contains statements that constitute forward-looking statements about Telefónica Deutschland Holding AG (going forward, "the Company" or Telefónica Deutschland) that reflect the current views of Telefónica Deutschland's management with respect to future events, including financial projections and estimates and their underlying assumptions, statements regarding plans, objectives and expectations which may refer, among others, to the intent, belief or current prospects of the customer base, estimates regarding, among others, future growth in the different business lines and the global business, market share, financial results and other aspects of the activity and situation relating to the Company. Forward-looking statements are based on current plans, estimates and projections. The forward-looking statements in this document can be identified, in some instances, by the use of words such as "expects", "anticipates", "intends", "believes", and similar language or the negative thereof or by forward-looking nature of discussions of strategy, plans or intentions. Such forward-looking statements, by their nature, are not guarantees of future performance and are subject to risks and uncertainties, most of which are difficult to predict and generally beyond Telefónica Deutschland's control, and other important factors that could cause actual developments or results to materially differ from those expressed in or implied by the Company's forward-looking statements. These risks and uncertainties include those discussed or identified in fuller disclosure documents filed by Telefónica Deutschland with the relevant Securities Markets Regulators, and in particular, with the German Market Regulator (Bundesanstalt für Finanzdienstleistungsaufsicht - BaFin). The Company can offer no assurance that its expectations or targets will be achieved. Analysts and investors, and any other person or entity that may need to take decisions, or prepare or release opinions about the securities issued by the Company, are cautioned not to place undue reliance on those forward-looking statements, which speak only as of the date of this document. Except as required by applicable law, Telefónica Deutschland undertakes no obligation to release publicly the results of any revisions to these forward-looking statements which may be made to reflect events and circumstances after the date of this presentation, including, without limitation, changes in Telefónica Deutschland's business or acquisition strategy or to reflect the occurrence of unanticipated events. This document may contain summarized information or information that has not been audited. In this sense, this information is subject to, and must be read in conjunction with, all other publicly available information, including if it is necessary, any fuller disclosure document published by Telefónica Deutschland. Finally, it is stated that neither this presentation nor any of the information contained herein constitutes an offer of purchase, sale or exchange, nor a request for an offer of purchase, sale or exchange of securities of the Company, or any advice or recommendation with respect to such securities. These written materials are not an offer of securities for sale in the United States, Canada, Australia, South Africa and Japan. Securities may not be offered or sold in the United States absent registration under the US Securities Act of 1933, as amended, or an exemption therefrom. The issuer or selling security holder has not and does not intend to register any securities under the US Securities Act of 1933, as amended, and does not intend to offer any securities in the United States. No money, securities or other consideration from any person inside the United States is being solicited and, if sent in response to the information contained in these written materials, will not be accepted.