Deutsche Telekom
Official logo since 2022 | |
Headquarters in Bonn | |
| Company type | Public |
|---|---|
| FWB: DTE DAX Component | |
| Industry | Telecommunications |
| Predecessor | Deutsche Bundespost |
| Founded | 1 January 1995 (Formed By Corporate Split Of Deutsche Bundespost) |
| Headquarters | , |
Area served | Worldwide But mostly Germany and US |
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) |
| €33.8 billion (2023) | |
| €9.0 billion (2023) | |
| Total assets | €290.3 billion (2023) |
| Total equity | €91.2 billion (2023) |
| Owner | Federal Republic of Germany (27%) |
Number of employees | 205,000 (2023) |
| Subsidiaries | |
| ASN | |
| Traffic Levels | 10+ Terabit/s |
| Website | telekom |
| Footnotes / references | |
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 and broken up. 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. In 2023, the company was ranked 41st in the Forbes Global 2000. 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. On 4th June 2024, the German government reduced its total shareholding to 27.8%. The company is a component of the EURO STOXX 50 stock market index.