Deutsche Telekom adds 28,000 TV customers in Germany in Q1 2026
May 13, 2026 07.52 Europe/London By Jörn Krieger

Deutsche Telekom added 28,000 TV customers in Germany in the first quarter of 2026, taking its MagentaTV subscriber base to 4.775 million at 31 March, as the group reported stronger earnings and raised its full-year guidance.

The quarterly increase compares with 22,000 net additions in the fourth quarter of 2025, when the customer base stood at 4.747 million at year-end. It also exceeded the 27,000 added in the third quarter and 23,000 in the second quarter of last year, indicating an acceleration in Telekom’s TV growth in its domestic market.

The group reported first-quarter revenue of €29.9 billion, up 4.7% on an organic basis, while adjusted EBITDA after leases rose 7.5% to €11.5 billion. Free cash flow after leases increased 0.7% to €5.7 billion and adjusted net profit rose 6.5% to €2.6 billion.

“Deutsche Telekom shows resilience in turbulent times. Our business operations remain stable, largely unaffected by events around the globe. In fact, we have slightly raised our guidance,” said CEO Tim Höttges.

The company now expects adjusted EBITDA after leases of around €47.5 billion for 2026, up from the previous target of €47.4 billion, and free cash flow after leases of more than €19.8 billion.

In Germany, revenue rose 2.1% organically to €6.3 billion in the quarter. According to the telco, more than 13 million homes can now directly connect to its fibre network, while active FTTH contracts increased to 2.2 million, lifting the take-up rate to 17.1%.

The results prompted Deutsche Telekom to raise its group outlook following improved guidance from T-Mobile US.