Tangible customer benefits due to network enhancements and attractive new products | Revenues grow 2.9% y-o-y to 1.90 billion Euro | Mobile service revenues increase by 1.5% y-o-y | Strong underlying OIBDA (+5.7% y-o-y) reflects focus on customer base development | Outlook and synergy target for 2015 confirmed | CEO Thorsten Dirks: “We came out of the blocks well at the start of the year”
26. März 2015
Annual business report 2014 published:
Building the leading digital Telco
Telefónica Deutschland is using the merger with E-Plus to position itself as leading digital telecommunications company. This goal is also the title of the presently published Annual Report 2014: Building the leading digital Telco. It documents our strategy and shows first successful steps on our path towards becoming a digital telecommunications provider.
Number of customer accesses increased to 47.7 million at year-end 2014 | Integration process fully on track with first milestones successfully completed | Combined annual revenues of 7.79 billion Euro in 2014 | Underlying combined(1) OIBDA reached 1.46 billion Euro in 2014 | OIBDA excluding material extraordinary effects to increase by more than 10% in 2015
On January 2, 2015 Telefónica Deutschland has closed the deal regarding the planned transfer of yourfone GmbH (a company of E-Plus) with long-time business associate Drillisch AG as announced in mid-November. Drillisch acquires yourfone GmbH including all trademark rights, customers and staff.
374 thousand net additions in mobile postpaid customer segment | Sustained improvement in revenue trend | Strong conversion of operating cash flow into free cash flow | Integration of E-Plus Group started at full speed | Confirmed synergies of more than 5 billion Euro
Thorsten Dirks nominated as new CEO | Markus Haas in charge for all joint operations as COO | Rachel Empey takes responsibility for finance and strategy as CFO | Munich remains headquarters of the company
Telefónica to extend its position as fixed network provider | Telefónica's transition from common subscriber line to high speed network of Telekom | Customers benefit from the integrated and future-proof range of fixed and mobile network | Risk sharing enables faster network expansion for Telekom