English version In Q4-2015 the mobile market was dominated by customer number adjustments by Deutsche Telekom and Vodafone due to removing inactive subscribers. All operators were holding to their position in the rank-tables of fixnet and mobile. In fixnet, cable is now accounting for approximately 20% of all broadband internet-connections. -> Learn more about the German Telecoms-Market at: http://bit.ly/DSP-Telecoms Deutsche Version Das vierte Quartal 2014 im Mobilfunk war bestimmt durch Adjustierungen im Kundenbestand bei der Deutschen Telekom und bei Vodafone, die inaktive SIM-Karten ausbuchten. Die Marktpositionen der Anbieter veränderten sich gegenüber dem Vorquartal nicht. Im Breitband-Festnetz nutzen c. 80% der Kunden DSL und 20% der Kunden Kabelanschlüsse. -> Mehr zum deutschen Mobilfunkmarkt unter: http://bit.ly/DSP-Telecoms

1. Update on Germany‘s
Telecoms-Market
Q4-2014
DSP-Partners I Darmstadt I April 2015

2. Mobile
 In Q4-2014, none of the mobile players gained net new customers
 Deutsche Telekom stated it booked out inactive customer from one of their
MVNO-clients
 Vodafone also restated their customer base downwards in Q4-2014
Fixed-line Broadband
 Deutsche Telekom still clear market-leader with 12,4m DSL-lines
 Kabel Deutschland/Vodafone is #2 with 5,4m broadband subs,
 United Internet on position 3 with 4,1m DSL-lines
 The six major broadband players hold c. 27m lines
– thereof 21,5m (c. 80%) are DSL, c. 20% are cable (5,4m lines)
Summary: Telecoms Market Update Q4-2014 at a Glance

3. Germany: Number of Mobile Customers
[Q4-2014 in 1,000]
Source: Company Reports, DSP-Partners Market Model
31.515
38.989
42.125

4. Germany: Number of Mobile Customers
[Q4-2014 vs Q3-2014 in 1,000]
Source: Company Reports, DSP-Partners Market Model
-196
-664
-76

5. Germany: Number of Fixnet Broadband Customers
[Q4/2014 in 1,000]
Source: Company Reports, DSP-Partners Market Model, Vodafone/Kabel Deutschland
+
DSL
DSL
DSL
Cable
DSL
Cable
2.144
2.505
2.852
2.896
4.190
5.357
12.361

6. Germany: Broadband Customers with DSL vs. Cable
[Q4/2014 in 1,000]
Source: Company Reports, DSP-Partners Market Model
5.401
21.547
Cable
DSL

7. Contact
Stefan Behrendt
Founder I Managing Partner
DSP-Partners
www.twitter.com/stbe
www.dsp-partners.com