Deutsche Telekom posts 8.6% revenue growth for T-Mobile, 42% data revenue growth
By Will Park on Thursday, November 8th, 2007 at 12:50 PM PST In Announcements, Financial/Corporate News, T-Mobile, Telecommunications
T-Mobile sure is doing well for themselves. Deutsche Telekom (NYSE: DT), parent company to T-Mobile (NYSE: DT), has posted a quarter of positive growth in their mobile venture. T-Mobile has seen a 8.6% year-on-year revenue growth to 8,875 million euros (US$13 billion), with data revenue increasing 42%.
Interestingly, it seems that T-Mobile’s German subscriber-base was the only market to miss the mark, failing to post positive growth. The decline in German mobile revenue could be attributed to the mandated reduction of the roaming charges in the EU.
Either way, T-Mobile looks like it’s going to keep on keeping on, if you know what we mean. With the launch of the iPhone tomorrow, we’re sure T-Mobile will have an even better quarter Q4. We’re just waiting on T-Mobile USA to go live with its 3G network already – actually, the molasses that is governmental bureaucracy still has to vacate the frequencies that T-mobile intends to use as a 3G band (T-Mobile is most likely ready and rearing to go).
[Via: MocoNews]
Isn’t that the way the government works?!
T-mobile gave all that money to the FCC and owns the frequencies, but can’t get the government to evict the government agencies still using the airways that that no longer belong to them. gdamned government.
I blame Bush for everything. It’s easier that way