Outlook 2015

Detailed Outlook in the Annual Report 2014

You find a detailed view of the fiscal year 2015 and further ahead on page 139 in the Annual Report 2014.


Forecast 2015:

  • Adj. EBITDA: around 18.3 billion € and an increasing adjusted EBITDA compared to 2015.
  • Free cash flow is expected to be approximately € 4.3 billion.


  • Based on the guidance for financial year 2014 a dividend of € 0.50 per share is planned
  • The dividend for the 2014 financial year is expected to be paid-out tax-free.

    2 Subject to the necessary board resolutions and the resolution of the Annual General Meeting


  • Germany : Accelerated LTE roll-out of up to 300 Mbit / s and a population coverage of 95 % by the year 2018.
  • USA: T-Mobile U.S. expects a strong increase in own postpaid and prepaid customers for the year 2015. The plan is to further expand the 4G-/LTE mobile network.
  • Continue to focus on mobilizing the Internet, connected home and convergent offers.
  • Growing data revenues from mobile have a compensating effect on the service revenues.
  • Expected growth mainly in market segments such as television, services such as Intelligent Networks, De-Mail, cloud services, machine to machine (M2M) mobile payment and Cyber Security.

Article options

Print article

Stock chart

Apr 27, 2015 | 12:10 PM


DAX: 11791.69
Stoxx Telco: 379.91

Finance calendar

  • May 13, 2015

    1st Quarter 2015: Financial report as of March 31

  • May 21, 2015

    Annual General Meeting 2015


  • @DT_IR

    RT @JohnLegere : Of course @Google tapped the #uncarrier for @ProjectFi !! When you want to shake up the industry and provide awesome service…

    Apr, 23 2015 at 09:37 AM