Deutsche Telekom

Deutsche Telekom AG
Company typePublic
FWBDTE
DAX Component
IndustryTelecommunications
PredecessorDeutsche Bundespost
Founded1 January 1995; 29 years ago (1995-01-01)
HeadquartersBonn, Germany
Area served
Worldwide But mostly Germany
Key people
Timotheus Höttges
(CEO)
Frank Appel
(Chairman of the Supervisory board)
ProductsFixed-line
Mobile telephony
Broadband
Digital television
Digital media
IT Services
RevenueDecrease 112.0 billion (2023)[1]
Increase €33.8 billion (2023)[1]
Increase €9.0 billion (2023)[1]
Total assetsDecrease €290.3 billion (2023)[1]
Total equityIncrease €91.2 billion (2023)[1]
OwnerFederal Republic of Germany (31%)
Number of employees
205,000 (2023)[1]
Subsidiaries
ASN
Traffic Levels10+ Terabit/s
Websitetelekom.com Edit this at Wikidata
Footnotes / references
[2]

Deutsche Telekom AG (German pronunciation: [ˌdɔʏtʃə ˈteːləkɔm ʔaːˌɡeː] ; often just Telekom, DTAG or DT; stylised as ·T·) is a partially state-owned German telecommunications company headquartered in Bonn and is the largest telecommunications provider in Europe by revenue. It was formed in 1995 when Deutsche Bundespost, a state monopoly at the time, was privatized. Since then, Deutsche Telekom has consistently featured among Fortune Magazine's top Global 500 companies by revenue, with its ranking as of 2023 at number 79.[3] In 2023, the company was ranked 41st in the Forbes Global 2000.[4] The company operates several subsidiaries worldwide, including the mobile communications brand T-Mobile. It is the world's fifth-largest telecommunications company and biggest in Europe by revenue.

As of April 2020, the German government held a direct 14.5% stake in company stock and another 17.4% through the government bank KfW.[5] On 4th June 2024, the German government reduced its total shareholding to 27.8%.[a][6] The company is a component of the EURO STOXX 50 stock market index.[7]

  1. ^ a b c d e f "Annual Report 2023" (PDF). Deutsche Telekom AG.
  2. ^ "Deutsche Telekom Group". Archived from the original on 2011-09-04. Retrieved 2011-04-30. Deutsche Telekom Organisational Structure
  3. ^ "Deutsche Telekom". Fortune. Retrieved 2024-01-09.
  4. ^ "The Global 2000 2023". Forbes. Archived from the original on 2024-01-29. Retrieved 2024-02-07.
  5. ^ AG, Deutsche Telekom. "Deutsche Telekom: Aktionärsstruktur". www.telekom.com (in German). Retrieved 2020-04-30.
  6. ^ "German government sells $2.7 billion stake in Deutsche Telekom | Total Telecom". totaltele.com. Retrieved 2024-07-18.
  7. ^ Frankfurt Stock Exchange Archived November 19, 2015, at the Wayback Machine


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