Deutsche Telekom (DTE GY) says that total service revenue grew by +1.5% Y/Y in Q4, while mobile service revenue grew by +2.5% Y/Y, with 282k net adds in Q4

• Broadband subscriptions was negative but the Q4 customer based stabilised.
• Management flagged slower growth in Germany as a contributor against some CMD key performance indicators.

Deutsche Telekom's Q4 results show modest revenue growth with total service revenue up 1.5% year-on-year and mobile service revenue up 2.5%. The addition of 282k net new subscribers indicates some positive momentum, although the negative broadband subscriptions and slower growth outlook in Germany may offset stronger performance in mobile services, suggesting caution regarding sustainability in future quarters.