7 Property, plant and equipment

The carrying amount of property, plant and equipment increased by EUR 1.6 billion compared to December 31, 2023 to EUR 66.6 billion. Additions, primarily for the upgrade and build-out of the network (broadband, fiber-optic, and mobile infrastructure) increased the carrying amount by EUR 11.6 billion. Exchange rate effects, primarily from the translation of U.S. dollars into euros, also increased the carrying amount by EUR 1.7 billion. Reclassifications of right-of-use assets upon expiry of the contractual lease term to property, plant and equipment, primarily for network technology in the United States operating segment, also increased the carrying amount by EUR 0.6 billion. Amortization and impairment losses reduced the net carrying amount by EUR 11.9 billion. This includes impairment losses of EUR 0.1 billion. Disposals also decreased the carrying amount by EUR 0.4 billion.

For further information on depreciation, amortization and impairment losses, please refer to Note 6 “Intangible assetsIntangible assets” and Note 27 “Depreciation, amortization and impairment losses.”

Deutsche Telekom had commitments for the acquisition of property, plant and equipment in the amount of EUR 5.1 billion as of the reporting date (December 31, 2023: EUR 5.3 billion). These commitments mainly relate to the Germany, United States, and Europe operating segments. Restoration obligations of EUR 0.5 billion were recognized as of December 31, 2024 (December 31, 2023: EUR 0.4 billion), mainly attributable to restoration obligations of T‑Mobile US.

For further information, please refer to Note 42 “Other financial obligations.”