EQS-News: Telefónica Deutschland confirms FY23 outlook and dividend commitment

Telefónica Deutschland confirms FY23 outlook and dividend commitment
Over the past quarters, Telefónica Deutschland has delivered strong commercial and financial momentum driven by the O₂ brand appeal and its traction in the market.
Telefónica Deutschland will continue this growth path on the back of own commercial strength and quality of service and network and its proven track-record in the partner business.
Independent from today’s 1&1 announcement to co-operate with Vodafone on national roaming, 1&1 has contractual obligations with Telefónica Deutschland under the existing MBA MVNO/4G National Roaming Agreement until 30 Jun-25. This ensures revenue streams for Telefónica Deutschland.
Telefónica Deutschland can use valuable network capacity becoming available for own or other partner’s customers.
Against this background, Telefónica Deutschland confirms its FY23 outlook for both, revenue and OIBDA growth at the ‘upper-range of low single-digit percentage growth’ as well as its FY23 minimum dividend commitment of EURc 18 per share.