Phone company Deutsche Telekom AG said net profit in the second quarter increased 10 percent, the lower one-time fee ? 530 million ($ 704 million) - but because of its cost-cutting target to add the annual profits in the United States customers.
The company said on Thursday, adding "in droves" customers in the U.S. market, but in marketing expenses and other expenses will rise, which is willing to pay these costs, in order to expand its business.
It said 2013 earnings, excluding interest, taxes and depreciation and other financial items came in at 17.5 now one billion euros, from the original estimate of $ 1.84 billion decreased throughout the year. This figure includes mobile service provider Metro PCS, with the telecommunications company's U.S. business combinations.
The company said there were "compelling reversal of trend," the new U.S. business increased 688,000 customers in April-June quarter, compared to a year earlier loss of $ 557,000. In its home base of the company, headquartered in Bonn, Germany, which also increased the number of customers.
CEO Rene Obermann said in a statement: "We are winning customers in droves on both sides of the Atlantic,." "Our strategy is bearing fruit: We are in the middle of a huge shift in the United States, we have to follow this road to success on, we are willing to spend more high-value growth this year than originally planned."
The company's shares rose 4.2 percent after the earnings announcement, the German in morning trading, closing at 9.42 euros.
Deutsche Telekom (Deutsche Telekom), said its purpose is to increase 500,000 to 700,000 customers in the second half in its U.S. division. Previously the company's forecast, customer numbers have remained roughly stable this year.
The company also said its capital equipment expenses increased by 35%, as it increases its presence in the U.S. mobile network size. It said its LTE high-speed network has covered 157 million people, compared with the early end of the year target of 1 million.
Net profit grew the company moved to Metro PCS merger accounting write-downs in the past. Profit figures fell short estimated at 627 million euros of financial information provider FactSet preparation.
For the entire company's revenue in the second quarter rose 5.4%, more importantly, because the company including Metro PCS 5 月 first time in the sales figures. Even excluding, revenue grew 2.1 percent, the company said.
The company has been with "UN aircraft carrier" strategy, trying to attract more customers, so that they terminate their mobile services, without the need for a fixed length of the contract. The company also said that sales of smartphones, which may be more profitable because they use more expensive high-speed services, has been in the quarter from a year ago to 2.1 million jumped to 4.3 million, all phones sold 86 %, as the company increased from April 12 Apple iPhone.
 



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