Group Development

Customer development

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thousands

 

 

 

 

 

 

 

 

 

 

June 30, 2020

Mar. 31, 2020

Change
June 30, 2020/
Mar. 31, 2020
%

Dec. 31, 2019

Change
June 30, 2020/
Dec. 31, 2019
%

June 30, 2019

Change
June 30, 2020/
June 30, 2019
%

NETHERLANDS

Mobile customers

5,741

5,686

1.0

5,610

2.3

5,455

5.2

Fixed-network lines

644

632

1.9

619

4.0

578

11.4

Broadband customers

628

616

1.9

605

3.8

562

11.7

The number of and in the Netherlands continued to increase steadily on the back of the positive development of operational business. Despite the deteriorated economic situation in consequence of the coronavirus pandemic as well as intense competition, we recorded customer additions in mobile business thanks in particular to our rate plans, which offer large inclusive data volumes through to unlimited data. The number of customers in the fixed-network consumer portfolio also continued to grow.

Development of operations

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millions of €

 

 

 

 

 

 

 

 

 

 

 

Q1 2020

Q2 2020

Q2 2019

Change %

H1 2020

H1 2019

Change %

FY 2019

TOTAL REVENUE

 

708

716

683

4.8

1,424

1,364

4.4

2,797

Of which: Netherlands

 

476

480

458

4.8

956

918

4.1

1,910

Of which: GD Towers

 

247

248

239

3.8

495

475

4.2

945

Profit from operations (EBIT)

 

139

123

102

20.6

263

227

15.9

615

Depreciation, amortization and impairment losses

 

(194)

(192)

(199)

3.5

(386)

(398)

3.0

(812)

EBITDA

 

333

316

300

5.3

649

626

3.7

1,427

EBITDA AL

 

262

246

232

6.0

508

481

5.6

1,130

Special factors affecting EBITDA

 

(7)

(37)

(18)

n.a.

(44)

(25)

(76.0)

97

EBITDA (adjusted for special factors)

 

340

353

319

10.7

693

651

6.5

1,330

Of which: Netherlands

 

157

163

137

19.0

320

284

12.7

591

Of which: GD Towers

 

195

195

188

3.7

390

380

2.6

771

EBITDA AL (ADJUSTED FOR SPECIAL FACTORS)

 

269

283

250

13.2

552

506

9.1

1,033

Of which: Netherlands

 

136

143

117

22.2

278

240

15.8

502

Of which: GD Towers

 

145

145

140

3.6

290

278

4.3

563

EBITDA AL margin (adjusted for special factors)

%

38.0

39.5

36.6

 

38.8

37.1

 

36.9

CASH CAPEX

 

(119)

(117)

(106)

(10.4)

(236)

(192)

(22.9)

(452)

Total revenue

Total revenue in our Group Development operating segment increased in the first half of 2020 by 4.4 percent year-on-year to EUR 1.4 billion, thanks to the operational growth of our two subsidiaries, T‑Mobile Netherlands and DFMG. In the Netherlands, both business customer and consumer operations contributed to this increase in revenue on the back of customer growth and in terminal equipment sales. The GD Towers unit also recorded a year-on-year increase in revenue, driven by volume-based growth at DFMG.

EBITDA AL, adjusted EBITDA AL

EBITDA AL increased by 5.6 percent year-on-year to EUR 508 million. This growth was mainly attributable to the aforementioned positive effects on revenue, synergies from the takeover of Tele2 Netherlands, and efficient cost management in the company. The GD Towers business continues to post consistent growth on the back of rising volumes. An operational increase was also achieved through revenue growth and cost transformation. Adjusted EBITDA AL increased by 9.1 percent year-on-year to EUR 552 million due to the effects mentioned.

EBIT

EBIT increased by 15.9 percent year-on-year to EUR 263 million as a result of the effects described under adjusted EBITDA AL. Depreciation, amortization and impairment losses were down on the prior-year period.

Cash capex

Cash capex increased year-on-year by EUR 44 million to EUR 236 million, due mainly to the additional investments for the build-out and those required to integrate Tele2 Netherlands as well as higher capital expenditure at DFMG in connection with building out mobile infrastructure in Germany.

Mobile customers
In the combined management report, one mobile communications card corresponds to one customer. The totals were calculated on the basis of precise figures and rounded to millions or thousands. Percentages were calculated on the basis of the figures shown (see also SIM card).
Fixed-network lines
Lines in operation excluding internal use and public telecommunications, including IP-based lines. The totals reported in the combined management report were calculated on the basis of precise figures and rounded to millions or thousands. Percentages were calculated on the basis of the figures shown.
5G
New communications standard, which offers data rates in the gigabit range, converges fixed-network and mobile communications, and supports the Internet of Things – rollout starting 2020.