Debitel AG
Ad hoc-Service: debitel AG english
Ad hoc announcement transmitted by DGAP.
The issuer has the sole responsibility of this announcement.
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debitel with strong revenue growth and sound annual results
Contract on cooperation in the field of UMTS signed with D2 Vodafone
Stuttgart, April 10, 2001. debitel AG has presented its annual financial
statements for 2000. According to US GAAP, the Group increased its revenues in
its various European markets by 32% to about EUR 2.6 billion. Despite high
investments in subscriber growth, EBIT of EUR 67 million was on a comparable
level to the previous year’s figure (-7%). The customer base grew by 83% to 8.6
million. Of this total, 2.2 million were outside Germany and 6.4 million were in
the home market. The workforce grew by about a quarter to more than 3,100.
debitel and D2 Vodafone have signed a contract on cooperation in the field of
UMTS, the next mobile-telephony standard. As an enhanced service provider,
debitel will market both the UMTS products of D2 Vodafone and its own UMTS
services, utilizing, among other things, information from the D2 network that
will allow location-based services. The agreement also enables debitel to offer
its customers the international products of D2 Vodafone, such as Eurocall. The
agreement is the first move as a model for agreements with other UMTS network
operators.
31.12.1999 31.12.2000
Revenues 1,963 million EUR 2,596 million EUR
EBIT 72 million EUR 67 million EUR
Subscribers 4,693,000 8,605,000
Net income 34 million EUR 40 million EUR
Earnings per share 0.38 EUR 0.45 EUR
Employees 2,523 3,145
end of ad hoc announcement, (c) DGAP 10.04.2001
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WKN: 540 800; Index:
Listed: amtlich in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf,
Hamburg, Hannover, München und Stuttgart
100749 Apr 01
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