Deutsche Telekom

Telecommunications company / From Wikipedia, the free encyclopedia

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Deutsche Telekom AG[lower-alpha 1] (short form often just Telekom, DTAG or DT; stylised as ·T·) is a 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.

Quick facts: Company type, Traded as, Industry, Predecesso...
Deutsche Telekom AG
Company typePublic
FWB: DTE
DAX Component
IndustryTelecommunications
PredecessorDeutsche Bundespost
Founded2 January 1995; 29 years ago (1995-01-02)
HeadquartersBonn, Germany
Area served
Worldwide
Key people
Timotheus Höttges
(CEO)
Frank Appel
(Chairman of the Supervisory board)
ProductsFixed-line
Mobile phone
Broadband
Digital television
Digital media
IT Services
Telecommunications
RevenueIncrease 114,4 billion (2022)[1]
Increase €16.2 billion (2022)[1]
Increase €4.5 billion (2022)[1]
Total assetsIncrease €298.6 billion (2022)[1]
Total equityIncrease €87.3 billion (2022)[1]
OwnerFederal Republic of Germany (31.9%)
Number of employees
211,000 (2022)[1]
Subsidiaries
ASN
  • 3320
Traffic Levels10+ Terabit/s
Websitewww.telekom.com Edit this at Wikidata
Footnotes / references
[2]
Close

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] The company is a component of the EURO STOXX 50 stock market index.[6]

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