Outlook 2014

Detailed Outlook in the Annual Report 2013

In the Annual Report 2013 you find the detailed outlook for the financial year 2014 and beyond.


Forecast 2014:

  • Adj. EBITDA: around 17.6 billion € and an increasing adjusted EBITDA compared to 2014.
  • Free cash flow is expected to be approximately € 4.2 billion.
  • The purchase of GTS is not yet included.The sale of the Scout Group is already taken into account.


  • 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 150 Mbit / s and a population coverage of 85 % by the year 2016.
  • USA: T-Mobile U.S. expects a strong increase in own postpaid and prepaid customers for the year 2014. 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.

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Dec 19, 2014 | 04:13 PM


DAX: 9777.72
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Finance calendar

  • Feb 26, 2015 - Feb 27, 2015

    Capital Markets Day 2015

  • Feb 26, 2015

    Full Year 2014: Annual report as of Dec 31


  • @DT_IR

    EE is partner of choice for BT: excl talks for potential sale, EE valued with EV of 12.5bn GBP (shares/cash mix) #IntegratedTelco $DTEGY

    Dec, 15 2014 at 06:00 PM