30. Oktober 2018
Telefónica Deutschland continued the positive development of the first half of the year during the third quarter. Adjusted for special and regulatory effects, operating income before depreciation and amortisation (OIBDA) rose by 6 percent in the first nine months to EUR 1.42 billion. This was primarily due to synergies from the E-Plus merger and the continued positive development of the company’s mobile service revenue. Before regulatory effects, it increased by 0.5 percent year-on-year to EUR 3.97 billion. Overall, revenue remained stable. Mobile data consumption increased by half in the first nine months, mainly due to strong demand for O2 Free tariffs with large data volumes and the acquisition of 233,000 additional contract customers in the third quarter. Because of the positive business development and due to the faster-than-expected realization of synergies from network consolidation, the company is narrowing its outlook for 2018 and now expects a slightly positive development of adjusted OIBDA. In line with its dividend promise, Telefónica Deutschland is also proposing to increase shareholder remuneration for the current fiscal year by one cent to EUR 0.27 per share.