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MarketScreener Homepage  >  Equities  >  Xetra  >  Deutsche Telekom    DTE   DE0005557508

DEUTSCHE TELEKOM (DTE)
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Deutsche Telekom : demonstrates first 5G antennas in Berlin

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10/12/2017 | 10:41am CEST
FILE PHOTO: A logo of Germany's telecommunications giant Deutsche Telekom AG is seen before the company's annual news conference in Bonn

BERLIN (Reuters) - Deutsche Telekom debuted its first ultra high-speed next generation mobile antennas on Thursday, which Europe’s biggest telecoms provider said showed it was ready for a global launch of the technology by 2020.

Telekom said it was the first use of the technology in a real world setting in Europe, with speeds of more than 2 gigabits per second to a customer device, as well as a latency of 3 milliseconds on commercial sites.

The antennas are manufactured by China's Huawei Technologies Co Ltd [HWT.UL].

"This is a very decisive developmental step on the way to the global launch of 5G, which is planned for 2020," Telekom board member Claudia Nemat said in a statement.

When Telekom starts commercial rollouts of 5G networks in 2020, it is expected to be in slices of new bandwidth to enable specialised services for connected cars, pre-booking parking spots and even smart trash cans.

Europe is expected to take a slower approach to 5G network deployments than operators in South Korea and Japan, where rollout is due next year, followed quickly by the United States where Telekom is the majority owner of No. 3 ranked mobile carrier T-Mobile.

(Reporting by Emma Thomasson; editing by Jason Neely)

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Financials (€)
Sales 2018 74 971 M
EBIT 2018 10 119 M
Net income 2018 4 101 M
Debt 2018 52 911 M
Yield 2018 4,99%
P/E ratio 2018 16,83
P/E ratio 2019 14,60
EV / Sales 2018 1,59x
EV / Sales 2019 1,53x
Capitalization 66 422 M
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Mean consensus OUTPERFORM
Number of Analysts 27
Average target price 16,5 €
Spread / Average Target 17%
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Managers
NameTitle
Timotheus Höttges Chairman-Management Board & CEO
Ulrich Lehner Chairman-Supervisory Board
Thomas Dannenfeldt Chief Financial Officer
Claudia Nemat Head-Technology & Innovation
Michael Sommer Member-Supervisory Board
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