Deutsche Telekom today reported its second quarter results with net profit up 76 percent to €600 million, revenue down €96 million, adjusted EBITDA of €4.7 billion in second quarter at prior-year level. There was a 41-percent year-on-year increase in Entertain customer base to over 1.8 million customers and line losses in Germany at a record low of 236,000 in the quarter. Free cash flow in the second quarter came in at 1.7 billion, a year-on-year decrease of around 5.6 percent.
Adjusted net profit declined 13.9 percent in the second quarter of 2012 to €819 million. This figure was negatively impacted by the charging of regular depreciation and amortization of €0.6 billion again at T-Mobile USA in the second quarter of 2012, in accordance with accounting rules. At €3.8 billion, the Group invested 5.1 percent less in terms of cash capex in the first half of 2012 than in the prior-year period, representing a slight decline.
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