1. Skip to content
  2. Skip to main menu
  3. Skip to more DW sites
Live TV
Latest audioLatest videos
In focus
Russia's war in UkraineIsrael-Hamas warIndia elections

T-Online Earnings Soar

August 11, 2004
https://p.dw.com/p/5Qxa

Europe's largest Internet provider and a unit of Germany's Deutsche Telekom, T-Online, posted a 62 percent rise in second-quarter core earnings. Earnings before interest, depreciation and amortization (EBITDA) came in at €130.6 million ($159.8 million), up from €80.8 million a year ago. The head of T-Online's Financial Supervisory Board, Rainer Beaujean said at a press conference that the company had also raised its profit expectations for 2004 and could reach up to €300 million. However, increased competition on the DSL, broadband Internet access, has forced T-Online to revise its forecast on sales, down to 8 to 10 percent from an initial 20 percent.