Q4 2018 Telefonica Deutschland Holding AG Earnings Call Transcript
Ladies and gentlemen, thank you for standing by. I'm Stuart, your Chorus Call operator. Welcome, and thank you for joining Telefónica Deutschland Holding AG Q4 and Full Year 2018 Preliminary Results Conference Call. (Operator Instructions)
I would now like to turn the conference over to Mrs. Veronika Bunk-Sanderson. Please go ahead.
Thank you, operator.
Good morning, everybody, and welcome to our fourth quarter and full year 2018 conference call. Before proceeding with the presentation, we would like to inform you that the financial information contained in this document has been prepared under International Financial Reporting Standards. We have implemented IFRS 15 accounting standards as of the 1st of January 2018. Unless otherwise indicated, all financial information in this presentation is based on the new accounting standard, while all historic information is based on IAS 18 accounting standards.
As per usual, this presentation may
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