Telefónica Deutschland has successfully held its first virtual Annual General Meeting. Despite the COVID-19 pandemic, shareholders were able to resolve as planned agenda items such as the payment of the dividend for 2019 and the Supervisory Board election.
Telefónica Deutschland has made a good start to the year 2020. The company grew more strongly than in previous quarters in terms of both revenue and earnings. In the first three months, revenue rose by 3.8 percent to 1.85 billion euros, while adjusted operating income (OIBDA) increased by 1.6 percent to 532 million euros.
From next Monday, 20 April 2020, O2 will be opening its shops for customers again - the only exceptions are O2 shops in Bavaria and Thuringia. In these two federal states, the O2 shops will open one week later due to the orders of the state governments. This means that from 20 April in 14 federal states and from 27 April throughout Germany, O2 will once again offer personal advice in the O2 Shops during the known opening hours.
The current challenges around the corona topic influence the private and professional life of millions of people. Many customers are at home, working from their home office, looking after their children or are in contact with their schools and universities via the Internet. The O2 network has a very special role to play in meeting people's increased need for information and communication in these times. More than ever, we are dependent on mobile networking.
The Supervisory Board of Telefónica Deutschland Holding AG today elected Peter Löscher as the new Chairman of the Supervisory Board. He has been a member of the company's Supervisory Board since April 1, 2020 by court appointment.
In the current exceptional situation due to corona, the discussion about mobility analyses based on mobile radio data has gained momentum again. The question is whether and how these analyses can help to contain the corona virus.
The O2 brand is the new partner of "Germany against Corona". With its "All for All" campaign, the initiative appeals to every individual to maintain the necessary safety distance in public spaces. At the same time, it wants to spread confidence and promote cohesion.
The crisis management team of the Bavarian Red Cross (BRK) is temporarily moving to the O2 Tower at Georg-Brauchle-Ring because of the corona pandemic. From there, 30 BRK employees will coordinate the emergency work for the Free State of Bavaria from the first floor of the building around the clock in three shifts, probably for the next two months.
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In accordance with the official requirements of the federal states and for reasons of preventive health protection, Telefónica Germany is keeping all directly operated O2 Shops throughout Germany closed until further notice with effect from 18 March 2020. This also includes O2 Shops in federal states for which no official order has been issued to date.
The current corona issue affects the whole of society. O2 is assuming responsibility and providing its customers with the best possible support in these challenging times: A special measure will ensure the basic communicative supply of all O2 private and business customers as well as customers of the second brand BLUE (both prepaid and postpaid). In the coming weeks, they will be able to keep up to date with the latest developments and stay in touch with family and friends without restrictions - by telephone or video telephony, via WhatsApp and other digital channels.
5G you can touch - this is what Telefónica Deutschland is now offering at BASECAMP in the middle of Berlin. The first 5G indoor campus solution in the capital city enables all interested parties to try out the new wireless technology. In addition, the company will be promoting the exchange of information on the key topics relating to 5G at BASECAMP. The official opening ceremony with Telefónica CEO Markus Haas, Eugene Kaspersky, CEO Kaspersky, the President of the Federal Office for Information Security Arne Schönbohm and moderator and journalist Dunja Hayali marked the start of the event.
With its strong performance, the O2 network secures the grade "good" in the current mobile phone benchmark 2020 of PC Magazin and PC Go, two sister magazines of the trade magazine connect. This puts the network on an equal footing with the other network operators* in the rating ("good"). The O2 network convinced in various categories and thus once again demonstrates its reliability and performance in the digital customer's everyday life.
Telefónica Deutschland has successfully concluded the 2019 financial year and has fully achieved its targets. As forecast, the company grew profitably: Revenue rose by 1.1 percent to 7.4 billion euros, while adjusted operating income (OIBDA) increased by 1 percent on a comparable basis. The significantly improved network quality and the introduction of innovative tariffs, especially at O2, paid off. With almost 1.5 million additional postpaid subscribers, more people switched to the O2 network than ever before since the takeover of E-Plus.
The Management Board and Supervisory Board of Telefónica Deutschland are very pleased that they were able to win Peter Löscher as a suitable successor to Laura Abasolo García de Baquedano. He is to become a member of the Supervisory Board of the company with effect from April 1, 2020.
Telefónica Deutschland has secured a loan from the European Investment Bank (EIB) amounting to 450 million euros. The company intends to use the proceeds to build an energy-efficient 5G network and to upgrade its LTE network. In December, Telefónica Deutschland announced that it would significantly increase its investment in the mobile network in 2020 and 2021.
The mobility of the future is becoming tangible: The telecommunications provider Telefónica, together with the German testing company DEKRA, has inaugurated a new test centre for networked and autonomous driving in Malaga, Spain. On the premises, the companies are testing modern 5G solutions and "Vehicle to Everything" (V2X) vehicle technologies together with other cooperation partners from the automotive and technology sector.
In the past twelve months, customers sent almost 1 billion gigabytes of data volume through the O2 mobile network - also because self-employed people and small businesses are using more and more mobile data. This shows that the O2 tariffs with their large data volumes at attractive prices meet the needs of customers. For private customers, O2 will, as just announced, equip the new data tariffs with twice as much performance at the same price and offer three new unlimited tariffs.
O2 is the first network operator in Germany to offer its customers selected services from Amazon. As of 4 February 2020, new and existing customers alike will be able to enjoy Amazon Music Unlimited: O2 customers will receive unlimited access to more than 50 million songs, popular radio plays, can follow all Bundesliga matches live via audio and download their favourite songs at an attractive price and thus use them on the move without an internet connection.(1)
The O2 network establishes the Exabyte era in German mobile communications: In the past twelve months, customers sent almost 1 billion gigabytes of data volume through the O2 mobile network. This corresponds to about one Exabyte of mobile data. Never before has so much been consumed. With this data volume, you could stream music for more than 1.5 million years at a stretch. In a competitive comparison, the O2 network is therefore at the forefront when it comes to mobile data usage in Germany.
At the start of the new decade, O2 is defining mobile telephony completely differently and is offering maximum personal freedom in an increasingly digital world: As the first network operator on the German market, O2 is placing three unlimited tariffs at the centre of its offer from 4 February.
CTS EVENTIM, one of the leading international ticketing and live entertainment providers, and O2, the core brand of Telefónica Germany, today announced their partnership in the live entertainment sector. O2 customers will benefit from exclusive pre-sales, free streaming and exclusive brand experiences at EVENTIM events all year round.
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The decade of mobile communications is starting with new records and an outstanding firework of data. On New Year's Eve 2019/20, customers in the O2 network consumed more data than ever before. In the first hour of the new year (0-1 o'clock) alone, around 190,000 GB of data flowed through the O2 mobile network - a new record!