Deutsche Telekom adds 38,000 IPTV subscribers in Q1

May 9, 2008 – Deutsche Telekom has revealed in its Q1 results that it added 38,000 subscribers to its “T-Home Entertain” IPTV service during the period, reaching a total of 154,000.

Sales of DSL lines reached 539,000 in the first three months of this year, and Deutsche Telekom reports that it now accounts for around 43% of growth in the German broadband market.

Total net revenue for the first quarter of this year reached €15bn, representing a year-on-year decrease of 3.1% due to a fall in revenue from the Broadband/Fixed Networks and Business Customers segments. Net profit for the same period reached €0.9bn, compared to €0.4bn in the same period of last year.