Deutsche Telekom Ag S/Adr (DTEGY) Q2 2025 Earnings Call

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WEBVTT 00:00:01.297 -- 00:00:06.848 Good afternoon and welcome to Deutsche Telekom's second quarter 2025 conference 00:00:06.848 -- 00:00:11.897 call. As you can see, with me today is our CEO, Tim Oetkes, and our 00:00:11.897 -- 00:00:17.147 CFO, Christian Illig. As usual, Tim will first go through his mid-year 00:00:17.147 -- 00:00:21.195 highlights, followed by Christian, who will talk about the quarterly performance and 00:00:21.195 -- 00:00:25.824 our group financials. After this, we have time for Q&A. 00:00:25.824 -- 00:00:30.269 Before I hand over to Tim, please pay attention to our usual disclaimer, which you will 00:00:30.269 -- 00:00:35.156 find in the presentation. And please also note that this conference will be recorded 00:00:35.156 -- 00:00:41.201 and uploaded to the Internet. And now it's my pleasure to hand over to Tim. 00:00:41.585 -- 00:00:45.687 Thank you, Johannes, and welcome to our first half 2025 00:00:46.311 -- 00:00:51.634 results call. We continue to deliver consistent, reliable growth. 00:00:51.634 -- 00:00:56.800 Amidst the competition and the global tariff turmoil, we remain on 00:00:56.800 -- 00:01:02.504 course and we even slightly raise our guidance for 2025. 00:01:02.507 -- 00:01:07.533 As usual, I will start with the year to date view for the group before Christian will 00:01:07.533 -- 00:01:11.017 dive into the details of our second quarter results. 00:01:11.017 -- 00:01:15.062 Our growth momentum has remained strong and steady. 00:01:15.062 -- 00:01:20.416 Our flywheel strategy keeps working. In the first six months of 2025, we 00:01:20.416 -- 00:01:22.697 delivered 3.7% 00:01:23.120 -- 00:01:27.445 organic service revenue growth, 5.2% organic 00:01:27.445 -- 00:01:31.750 EBITDA growth, 17.8% growth 00:01:31.750 -- 00:01:34.894 in ...