Deutsche Telekom has increased its ownership stake in T-Mobile US to 50.2%, up from 43% at the time the Sprint merger was completed three years ago.
Deutsche Telekom’s CEO, Tim Höttges, stated that the Group has now passed its peak level of debt thanks to the strong free cash flow. “Taking the dividend and share price together, the return for 2022 is 18.6 percent. For comparison: The DAX was down 12.4 percent in the same period.”
Additional notes from Deutsche Telekom’s 2021 Capital Markets Day
- The Group’s revenue increased by 6.1 percent in the last financial year to 114.4 billion euros.
- Adjusted EBITDA AL rose by 7.7 percent to 40.2 billion euros.
- Deutsche Telekom’s 5G now covers 95 percent of the German population.
- The fiber rollout continues to gain pace – “We are building as fast as the diggers can dig for up to three million households this year – 25 to 30 million households by 2030. In urban and rural areas.”
- Deutsche Telekom builds around 80 percent of all new cell sites in Germany, 4,800 since 2019.
- In 2022, the company reduced its energy consumption in Germany by 278 gigawatt hours – that is 11 percent.
- By 2040, Deutsche Telekom commits to make its entire value chain climate neutral. This extends from device manufacturing all the way through the power consumption used by consumers.