Deutsche Telekom Ag · XETR:DTE
Deutsche Telekom — T-Online — Investor Presentation (November 2000)
15 slides from Deutsche Telekom's investor presentation, November 2000
Slide 1: Forward-looking statements disclaimer
This presentation contains certain statements that are neither reported financial results nor other historical information. These statements are forward-looking statements within the meaning of the safe-harbor provisions of the U.S. federal securities laws. Because these forward-looking statements a
Slide 2: Europe's leading ISP
Europes leading ISP Subscribers (million) n T-Online is by far Europes 8 largest ISP 7.04 7 6 5 4.2 n T-Online is increasing the 3.9 4 3 3.1 gap to its main competitor 2 1 0 n T-Online is well positioned to consolidate the European T-Online T-Online AOL Europe AOL Europe Internet market December,1
Slide 3: Reinforcing its market position in Germany
...Reinforcing its market position in Germany ISP users in Germany in % n The total number of Internet users 60 57 in Germany (residential, business, 55 school/university users) has 50 Jan 00 increased from 9.9 million in 40 Aug 00 January to 18 million in August 32 31 30 57% of these Internet users
Slide 4: T-Online business model
T-Online business model Traffic Booster Reach & Stickiness n Shopping n Access n Finance n Fun&Action n Client 3.0 n Regional n eMail webMail n Banking webBanking Monetising n FreeSMS Traffic Generating n Weborganizer Traffic n Community n Focus on deep and Services specific content n Broadband
Slide 5: International expansion
International expansion Customers (million)** n Germany: T-Online 5.98 n France: Club-Internet 0.52 n Austria: T-Online.at 0.06 n Spain/ Portugal: Ya.com 0.48 Portal business in preparation As of Sept 30, 2000 T-Online had more than 1million* access customers outside Germany T Online * Including Ya.
Slide 6: Leading portal in Germany
Leading portal in Germany Number of visitors/month (million) Reach (in %) 6000 5.640 60 50.1 5000 50 4000 40 3.316 2.995 3000 30 2.820 29.5 26.6 25.1 2.372 2.194 21.1 2.075 2.008 19.5 2000 1.730 20 18.4 17.9 15.4 1.085 9.7 1000 10 0 0 Msn.de Msn.de Web.de Web.de GMX.de GMX.de Lycos.de Lycos.de Yahoo
Slide 7: T-Online verticals
T-Online verticals Top shopping sites in Germany (in %) Top finance sites in Germany (in %) Amazon.de 13.7 Comdirect.de 7.2 T-Online- Shopping 5.6 Consors.de 5.0 BOL 5.3 T-Online Bus ines s /Finanzen 4.8 Handy.de 4.3 Deuts chebank24.de 3.5 Amazon.com 3.5 Onvis ta.de 2.7 Quelle.de 3.5 Tchibo.de Dirab
Slide 8: Evolution of traffic at T-Online.de
Evolution of traffic at T-Online.de 1000 PageImpressions** (Germany) Active advertising customers per quarter *** 231,105 206 % 8 % 133,075 + 74 139 + 4 as of Jan 00 as of Sep 00 Q 1/00 Q 3/00 n PageImpressions on the T-Online portal increased faster than the average German WWW-Market (55%)* and the
Slide 9: Broadband content
Broadband content n Entertainment, e.g. - Web soaps - Big Brother II - Music (live concerts, videos) n Events, e.g. - Britney Spears - Mission Impossible 2 - Olympia 2000 n Games, e.g. - "Die Wahrsagerin" (The Fortune-Teller) - "Star Trek Voyager " - "Lara Croft " Increasing depth of T-Online brande
Slide 10: T-Online: Key data
T-Online: Key data Sep 30,2000 Sep 30,1999 Change 1999 as a whole thousands thousands In % thousands Sales revenue 542,637 291,021 86.5 428,420 EBITDA (14.394) 14.2 (201) 17.58 Income/losses from ordinary activities (125,473) (2,845) (4,310.3) (6,869) Income after taxes (240,371) (2,836) (8,37
Slide 11: Sales revenue (first nine months, 2000)
Sales revenue (first 9 months, 2000) in m 86.5 % 550 500 71.2 % 450 400 350 300 250 200 150 100 1,985.4 % - 8.5 % * Sep 99 50 0 Sep 00 Access Advertising / Other Revenues Total E-Commerce 11 * including 28.197 million from Deutsche Telekom AG T Online
Slide 12: T-Online's flat rate access business
T-Onlines flat rate access business Narrowband Broadband n Fixed prices DM 79,- DM 49,- n Variable costs volume based IP costs IP costs minute based Interconnectivity costs 12 T Online
Slide 13: Effects of new acquisitions, first months 2000
Effects of new acquisitions, first 9 months 2000 thousands Sales revenue 31,634 Other operating income 41,264 of which dilution effect 39,175 Services purchased (26,497) Personnel expenses (10,165) Depreciation/amortization on intangible and tangible assets (139,153) Other operating expenses (38,4
Slide 14: Goodwill amortisation
Goodwill amortisation Jan-Sep, 2000 Full year 2000E m m Club-Internet ~ 135.4 ~ 203.1 daybyday ~ 0.3 ~ 0.4 Atrada ~ 1.4 ~ 2.8 ya.com Not included ~ 20.0* Total ~ 137.1 Approx. ~ 226.3 14 * unaudited T Online
Slide 15: Financial key data
Financial key data n T-Online has 6.4 billion equity n T-Online has cash reserves of more than 3.9 billion n T-Online currently has 370.65 million shares of authorized capital for future acquisitions 15 * Excluding 100m cash payment for the Ya.com acquisition in Q4/00 T Online