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42 Other financial obligations

The following table provides an overview of Deutsche Telekom’s other financial obligations:

millions of €

 

 

 

 

 

 

Dec. 31, 2023

 

 

 

 

 

 

 

 

Total

Due within
1 year

Due > 1 year
≤ 5 years

Due > 5 years

 

Purchase commitments regarding property, plant and equipment

5,323

4,731

429

163

 

Purchase commitments regarding intangible assets

8,231

3,764

4,458

9

 

Firm purchase commitments for inventories

3,707

3,686

21

0

 

Other purchase commitments and similar obligations

25,691

13,967

8,887

2,837

 

Payment obligations to the Civil Service Pension Fund

846

0

672

174

 

Obligations from the acquisition of interests in other companies

1,308

1,308

0

0

 

Miscellaneous other obligations

2

1

1

0

 

 

45,108

27,457

14,468

3,183

 

Purchase commitments regarding intangible assets include, among others, obligations in connection with the agreement between T‑Mobile US and Channel 51 License Co LLC, and LB License Co, LLC, entered into on August 8, 2022, for the acquisition of spectrum licenses in the 600 MHz band for an aggregate purchase price of USD 3.5 billion (EUR 3.2 billion). The item also includes obligations arising from the agreement between T‑Mobile US and Comcast, entered into on September 12, 2023, for the acquisition of 600 MHz spectrum licenses. In this connection, the maximum purchase price of USD 3.3 billion (EUR 3.0 billion) was included in the disclosure. Other purchase commitments and similar obligations mainly comprise obligations for the procurement of services, such as maintenance and servicing, IT services, marketing measures, and outsourcing. Of the obligations arising in connection with business combinations, USD 1.2 billion (EUR 1.0 billion) relates to obligations arising from the agreed acquisition of Ka’ena in the United States.

For further information on the agreements concluded with Channel 51 and Comcast, please refer to Note 6 “Intangible assetsIntangible assets.”

For further information on the agreed acquisition of Ka’ena, please refer to the section “Changes in the composition of the Group and other transactions” under “Summary of accounting policies.”