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It has been suggested that T-Mobile (brand) be merged into this article. (Discuss) Proposed since October 2024. |
Company type | Public |
---|---|
FWB: DTE DAX Component | |
Industry | Telecommunications |
Predecessor | Deutsche Bundespost |
Founded | 1 January 1995 |
Headquarters | Bonn, Germany |
Area served | Worldwide But mostly Germany |
Key people | Timotheus Höttges (CEO) Frank Appel (Chairman of the Supervisory board) |
Products | Fixed-line Mobile telephony Broadband Digital television Digital media IT Services |
Revenue | €112.0 billion (2023)[1] |
€33.8 billion (2023)[1] | |
€9.0 billion (2023)[1] | |
Total assets | €290.3 billion (2023)[1] |
Total equity | €91.2 billion (2023)[1] |
Owner | Federal Republic of Germany (31%) |
Number of employees | 205,000 (2023)[1] |
Subsidiaries | |
ASN | |
Traffic Levels | 10+ Terabit/s |
Website | telekom |
Footnotes / references [2] |
Deutsche Telekom AG (German pronunciation: [ˌdɔʏtʃə ˈteːləkɔm ʔaːˌɡeː] ⓘ, lit. 'German Telecom'; often just Telekom, DTAG or DT; stylised as ·T·) is a partially state-owned German telecommunications company headquartered in Bonn and 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[update] 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[update], 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]
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