Other financial obligations
The following table provides an overview of Deutsche Telekom’s other financial obligations as of March 31, 2024:
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 in exchange for a total cash consideration 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 3.1 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 1.1 billion) relates to obligations arising from the agreed acquisition of Ka’ena in the United States.
For further information on the agreements concluded with Comcast and Channel 51, please refer to the section “Intangible 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.”