Other financial obligations

The following table provides an overview of Deutsche Telekom’s other financial obligations as of March 31, 2025:

Purchase commitments regarding intangible assets include, among others, obligations of USD 0.6 billion (EUR 0.6 billion) for spectrum licenses not yet transferred from the second tranche 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. 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. On January 13, 2025, T‑Mobile US and Comcast entered into an amendment to the license purchase agreement pursuant to which T‑Mobile US will acquire additional spectrum. Subsequent to the amendment, the maximum purchase price amounts to USD 3.4 billion (EUR 3.1 billion). 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. The obligations arising in connection with corporate transactions mainly relate to obligations from the agreed acquisitions of Lumos of USD 1.5 billion (EUR 1.3 billion), UScellular of USD 4.4 billion (EUR 4.1 billion), and Metronet of USD 4.9 billion (EUR 4.5 billion) in the United States operating segment.

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

For further information on the agreements on the acquisition of Lumos, UScellular, and Metronet in the United States, please refer to the section “Changes in the composition of the Group and other transactions.”