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Verizon refused to unlock man’s iPhone, so he sued the carrier and won (arstechnica.com)
submitted 10 months ago by to c/technology@lemmy.world
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[–] 3 points 10 months ago (1 child)

But, like, Deutsche Telekom makes a lot of profit ( >10 billion € in 2024). So the margins can't be that thin?

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  • [–] 2 points 10 months ago

    DT is far more than a network carrier, it's one of the largest IT services companies in the world. On top of that their largest profits in the mobile sector are from the, eh, less regulated T-Mobile.

    Their operating margin is around 12%, way down on last year.

    https://companiesmarketcap.com/deutsche-telekom/operating-margin/

    A more straightforward telecom example might be Vodafone in the UK who are at -4% this year: providing services cost them money https://companiesmarketcap.com/gbp/vodafone/operating-margin/

    Telefonica in Spain are at 1.7% https://companiesmarketcap.com/telefonica/operating-margin/

    Orange in France are at 10% https://companiesmarketcap.com/orange/operating-margin/

    For comparison outside of the telecoms sector, Google is at 40%

    https://companiesmarketcap.com/alphabet-google/operating-margin/

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