Financial Results 1998

Full year results 1998

  • Strong growth in volume and revenue
  • Positive development in first-quarter results
  • Improvements in loss-making business areas
  • Workforce reduction and debt repayment continuing according to plan
  • Plan to establish accruals as of June 30. 1998 for cable TV business
  • Other regulatory decisions still to come, representing considerable influence on results
  • Further competitors entering the market, in particular fourth mobile communications perator

Financial Results for Third Quarter 1998

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  • Increase in revenue in line with expectations
  • Positive trends continue in amortization and depreciation, interest expense and loss-making activities
  • Innovative tariff models boost growth in number of T-Mobil customers
  • Continued growth in ISDN and T-Online
  • Stagnation of revenue due to market share losses in domestic long-distance calls
  • Application submitted for aggressive tariff measures
  • Decision taken on further cost-cutting measures
  • Qualified statement on outlook for the future only possible after decisions from the Regulatory Authority

Documents

Second quarter results 1998

  • Growth in revenue and income
  • Decrease in losses from cable TV, terminal equipment and special value-added services
  • Marked improvement of cash flow
  • Open regulatory decisions as a considerable source of uncertainty
  • Losses at Global One and provision for risks for Southeast Asia
  • Increase in goods and services purchased

First quarter results 1998

  • Strong growth in volume and revenue
  • Positive development in first-quarter results
  • Improvements in loss-making business areas
  • Workforce reduction and debt repayment continuing
    according to plan
  • Plan to establish accruals as of June 30, 1998 for cable
    TV business
  • Other regulatory decisions still to come, representing
    considerable influence on results
  • Further competitors entering the market, in particular
    fourth mobile communications operator

Documents

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