Deutsche Telekom outlined its targets for business services, but provided no overarching vision
17 June 2021 | Research
Article | PDF (3 pages) | IoT Services| SME Services| Enterprise Services
Deutsche Telekom (DT) presented its aim to increase its business service revenue from around EUR18.2 billion in 2020 to around EUR22.0 billion in 2024 at its Capital Markets Day (CMD) in May 2021. This implies an annualised growth rate of around 5%, though much of this will come from the USA (it is forecasting over 20% growth for T-Mobile USA). The growth forecast for the rest of the business is a more modest 2%.
Author
![](/contentassets/c654b9b5ba3a40aba31c6e60d640ec4d/tom-rebbeck-conf-pic.jpg)
Tom Rebbeck
Partner, expert in TMT consumer and business servicesRelated items
Tracker
Public cloud provider and CSP partnership tracker 1H 2024
Article
If Vodafone IoT is a success as an independent firm, other operators will also spin off IoT divisions
Article
Operators cannot rely on price rises to boost revenue in 2024 but digital services could help