T-Mobile's Q1 results!
This is taken straight from:
http://edition.cnn.com/2005/BUSINESS/05/12/deutsche. ... »
Deutsche Telekom profits up 5.2pc
Thursday, May 12, 2005 Posted: 0817 GMT (1617 HKT)
Deutsche Telekom posted a 5.2 percent rise in first-quarter core profit Thursday, in line with forecasts, but a weak performance at its German and British units meant mobile earnings missed expectations.
Earnings before interest, tax, depreciation and amortization (EBITDA) at Telekom's mobile business rose by 15.6 percent, more than offsetting a drop at its fixed-line arm, but missing expectations on regulatory orders and cut-throat competition.
Europe's largest telecoms operator once again relied almost exclusively on its U.S. mobile o...
(continues)
http://edition.cnn.com/2005/BUSINESS/05/12/deutsche. ... »
Deutsche Telekom profits up 5.2pc
Thursday, May 12, 2005 Posted: 0817 GMT (1617 HKT)
Deutsche Telekom posted a 5.2 percent rise in first-quarter core profit Thursday, in line with forecasts, but a weak performance at its German and British units meant mobile earnings missed expectations.
Earnings before interest, tax, depreciation and amortization (EBITDA) at Telekom's mobile business rose by 15.6 percent, more than offsetting a drop at its fixed-line arm, but missing expectations on regulatory orders and cut-throat competition.
Europe's largest telecoms operator once again relied almost exclusively on its U.S. mobile o...
(continues)
...
Terry,
That's great isn't it?! I read that and then got an email from John Carney (VP Sales everyone got it).
He congratulated us, but told us we need to work harder on increasing sales, I guess we fell short of in-house goals for Q1. We did great on our churn reduction, but need to bring up total adds, and decrease SAC (subscriber acquisition costs).
So it's nice, but not nice enough. We are expected to hammer things next quarter. The letter wants us to increase sales while reducing churn and SAC. We have our work cut out for us.
It is nice to hear the accolades though. So many people think we are small fries, because we aren't Cing, VZW or Sprint.
That's great isn't it?! I read that and then got an email from John Carney (VP Sales everyone got it).
He congratulated us, but told us we need to work harder on increasing sales, I guess we fell short of in-house goals for Q1. We did great on our churn reduction, but need to bring up total adds, and decrease SAC (subscriber acquisition costs).
So it's nice, but not nice enough. We are expected to hammer things next quarter. The letter wants us to increase sales while reducing churn and SAC. We have our work cut out for us.
It is nice to hear the accolades though. So many people think we are small fries, because we aren't Cing, VZW or Sprint.
...
