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| T-Mobile US' performance (Metro PCS was consolidated from May 2013) |
Deutsche Telekom said its revenues rose 2.4% on an organic basis in the third quarter to 15.5 billion euros, lifted by a "turnaround" in its U.S. unit, which experienced a "deluge of more than a million new customers" in the quarter. Also boosted by the acquisition of Metro PCS, T-Mobile US saw its service revenue rise 21% as it continued to pursue its "Un-carrier" strategy.
Deutsche Telekom says the "Un-carrier" strategy "includes not operating fixed-term contracts, offering attractive options for switching cell phone, good value roaming rates, and - introduced just at the end of October - completely new offers in relation to tablets and the launch of the Apple iPad."
T-Mobile US has revised its forecast upwards for the second half of 2013. The company now expects to gain 1.6 million to 1.8 million "branded contract customers", instead of the previous estimate of 1.0 million to 1.2 million. Deutsche Telekom also said T-Mobile US's LTE network covered 202 million people at the end of September and "the merger with MetroPCS is bringing greater synergies than originally announced."
In Germany, however, the group's revenues fell 1.2% year-on-year, dragged down by a decline in core fixed revenues and wholesale services. source: Deutsche Telekom presentation
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