Events after the reporting period

Refinancing measures at T‑Mobile US. On October 6, 2020, T‑Mobile US issued senior secured notes with a total volume of USD 4 billion (EUR 3.4 billion) with terms ending between 2028 and 2051 and bearing interest of between 2.050 and 3.300 percent. The cash received was used on October 9, 2020 to prematurely repay the term loan raised on April 1, 2020. On October 28, 2020, T‑Mobile US issued senior secured notes with a total volume of USD 4.75 billion (EUR 4.0 billion) with terms ending between 2031 and 2060 and bearing interest of between 2.250 and 3.600 percent. On October 30, 2020 T‑Mobile US entered into a USD 5.0 billion senior secured term loan commitment with certain financial institutions.

Agreed acquisition of Simpel by T‑Mobile Netherlands. For more information on the agreement signed on October 16, 2020 concerning the acquisition of 100 percent of the shares in the Dutch and provider Simpel.nl B.V., please refer to the section “Changes in the composition of the Group.”

Agreed sale of Telekom Romania Communications. For more information on the agreement signed on November 6, 2020 concerning the sale of the 54 percent stake in Telekom Romania Communications S.A. by OTE to Orange Romania, please refer to the section “Changes in the composition of the Group.”

MVNO - Mobile Virtual Network Operator
Company that offers mobile minutes at relatively low prices without subsidized handsets. A mobile virtual network operator does not have its own wireless network, but uses the infrastructure of another mobile operator to provide its services.
SIM card - Subscriber Identification Module card
Chip card that is inserted into a cell phone to identify it in the mobile network. Deutsche Telekom counts its customers by the number of SIM cards activated and not churned. Customer totals also include the SIM cards with which machines can communicate automatically with one another (M2M cards). The churn rate is determined and reported based on the local markets of the respective countries.