Deutsche Telekom AG (German pronunciation: [ˌdɔʏtʃə ˈteːləkɔm ʔaːˌɡeː] ( listen); short form in writing only: DT) is a German telecommunications company headquartered in Bonn and by revenue the largest telecommunications provider in Europe. Deutsche Telekom was formed in 1996, as the former state-owned monopoly Deutsche Bundespost was privatised. The company operates several subsidiaries worldwide, including the mobile communications brand T-Mobile.
|Traded as||FWB: DTE|
(CEO and Chairman)
(Chairman of the Supervisory board)
|Revenue||€73.09 billion (2016)|
|€9.16 billion (2016)|
|€2.67 billion (2016)|
|Total assets||€148.4 billion (2016)|
|Total equity||€29.3 billion (2016)|
Free Float (68.1%)|
Federal Republic of Germany (31.9%)
Number of employees
Footnotes / references|
As of August 2018, the German government holds a 14.5% stake in company stock directly, and another 17.4% through the government bank KfW. The company is a component of the Euro Stoxx 50 stock market index.
On 1 July 1989, as part of a post office reform, Deutsche Bundespost was split into three entities, one being Deutsche Telekom. On 1 January 1995, as part of another reform, Deutsche Bundespost Telekom became Deutsche Telekom AG, and was privatized in 1996. As such, it shares a common heritage with the other privatized Deutsche Bundespost companies, Deutsche Post (DHL) and Deutsche Postbank.
Deutsche Telekom was the monopoly Internet service provider (ISP) for the German Internet until its privatization in 1995, and the dominant ISP thereafter. Until the early 21st century, Deutsche Telekom controlled almost all Internet access by individuals and small businesses in Germany, as they were one of the first German telecom units.
On 1 January 2005, Deutsche Telekom implemented a new company structure. The two organizational business units of T-Com and T-Online were merged into the Broadband/Fixed Network (BBFN) strategic business unit (T-Online merged with parent Deutsche Telekom in 2006). It provides around 40 million narrowband lines, over 9 million broadband lines and has 14 million registered Internet customers.
In 2008, the structure was changed again. T-Online was separated from Deutsche Telekom, and merged with T-Com to form the new unit T-Home. In September 2010, Orange parent France Télécom and T-Mobile parent Deutsche Telekom merged their operations in the United Kingdom to create the largest mobile network in Britain, EE.
In April 2010, T-Mobile was merged with T-Home to form Telekom Deutschland GmbH. This unit now handles all products and services aimed at private customers. In October 2012, Deutsche Telekom and Orange created a 50-50% joint venture named BuyIn for regrouping their procurement operations and benefiting from economies of scale.
In April 2013, T-Mobile US and MetroPCS merged their operations in the United States. In February 2014, Deutsche Telekom acquired the remaining parts of its T-Mobile Czech Republic division for around €800 million. The size of the remaining stake was numbered at 40 percent.
In December 2014, it was announced that Deutsche Telekom were in talks with BT Group on the acquisition of EE, and part of the deal was to provide Deutsche Telekom a 12% stake and a seat on the board in the BT Group upon completion. BT Group announced agreement in February 2015 to acquire EE for £12.5 billion and received regulatory approval from the Competition and Markets Authority on 15 January 2016. The transaction was completed on 29 January 2016.
Deutsche Telekom also holds substantial shares in other telecom companies, including Central European subsidiaries Slovak Telekom (Slovakia), Magyar Telekom (Hungary). Furthermore, Magyar Telekom holds majority shares in Makedonski Telekom (Macedonia), and Hrvatski Telekom (Croatia) holds majority shares in Crnogorski Telekom (Montenegro).
DT also holds shares in the Hellenic telecommunication operator OTE, which also have shares in several other companies like the mobile operators Telekom Albania, Telekom Romania and the IT&C retailer Germanos. Deutsche Telekom also operates a wholesale division named International Carrier Sales & Solutions (ICSS) that provides white label voice and data solutions to large carriers including T-Mobile.
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|Country||Subsidiaries & Affialiates||Stake held by Deutsche Telekom|
|Albania||Telekom Albania||99.79 % of shares held by OTE|
|Argentina||T-Systems Argentina S.A.||100.00 %|
|Austria||T-Mobile Austria GmbH||100.00 %|
|Software Daten Service Gesellschaft m.b.H.||100.00 %|
|T-Systems Austria GesmbH||100.00 %|
|Belgium||T-Systems Belgium NV||100.00 %|
|Brazil||T-Systems do Brasil Ltda.||100.00 %|
|Bulgaria||Novatel EOOD||100.00 %|
|Canada||T-Systems Canada, Inc.||100.00 %|
|China||T-Systems P.R. China Ltd.||100.00 %|
|Croatia||Hrvatski Telekom d.d.||51.00 %|
|Czech Republic||T-Mobile Czech Republic, a.s.||100.00 %|
|Denmark||T-Systems Nordic TC A/S||100.00 %|
|Finland||TSI Finnland||100.00 %|
|France||T-Systems France SAS||100.00 %|
|Germany||Deutsche Telekom AG / Group Headquarters||100.00 %|
|Telekom Deutschland GmbH||100.00 %|
|T-Systems International GmbH||100.00 %|
|Greece||OTE (Hellenic Telecommunications Organization S.A.)||40.00 %|
|Cosmote (Cosmote Mobile Telecommunications S.A.)||100.00 % of shares held by OTE|
|T-Systems Information and Communication Technology E.P.E.||100.00 %|
|Hungary||Magyar Telekom Nyrt.||59.30 %|
|IT Services Hungary Szolgáltató Kft.||100.00 %|
|India||T-Systems Information and Communication Technology India Private Limited||100.00 %|
|Luxembourg||T-Systems Luxembourg S.A.||100.00 %|
|Former Yugoslav Republic of Macedonia||Makedonski Telekom AD||51,00 % of shares held by Magyar Telekom|
|Malaysia||T-Systems Malaysia Sdn. Bhd.||100.00 %|
|Mexico||T-Systems Mexico S.A. de C.V.||100.00 %|
|Montenegro||Crnogorski Telekom A.D.||76,53 % of shares held by Hrvatski Telekom d.d.|
|Netherlands||T-Mobile Netherlands B.V.||100.00 %|
|T-Systems Nederland B.V.||100.00 %|
|Poland||T-Mobile Polska S.A.||100.00 %|
|T-Systems Polska Sp.z o.o.||100.00 %|
|Romania||Combridge S.R.L.||100.00 % of shares held by Magyar Telekom|
|CosmOTE Romanian||70.00 % of shares held by Cosmote|
|Telekom Romania Communications S.A.||54.01 %|
|T-Systems ICT Romania S.R.L.||100.00 %|
|GTS Telecom Slr||100.00 %|
|Russia||T-Systems CIS||100.00 %|
|Singapore||T-Systems Singapore Pte. Ltd.||100.00 %|
|Slovakia||Slovak Telekom, a.s.||100.00 %|
|T-Systems Slovakia s.r.o.||100.00 %|
|South Africa||T-Systems South Africa (Pty) Limited||70.00 %|
|Spain||T-Systems ITC Iberia, S.A.||100.00 %|
|Sweden||T-Systems Nordic TC A/S||100.00 %|
|Switzerland||T-Systems Schweiz AG||100.00 %|
|Turkey||T-Systems Telekomünikasyon Limited Sirketi||100.00 %|
|Ukraine||Novatel Ukraine LLC.||100.00 % of shares held by Magyar Telekom|
|United Kingdom||Deutsche Telekom (UK) Ltd||100.00 %|
|BT Group plc ||12.00 %|
|T-Systems Limited||100.00 %|
|United States||T-Mobile US, Inc.||64.78 %|
|T-Systems North America, Inc.||100.00 %|
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- "The 2015 Financial Year". Deutsche Telekom. Archived from the original on 17 October 2016. Retrieved 22 August 2016.
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- Frankfurt Stock Exchange Archived November 19, 2015, at the Wayback Machine.
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- "Home - BuyIn". Retrieved 30 November 2016.
- "Deutsche Telekom to merge U.S. ops with MetroPCS". The Verge. Retrieved 26 July 2013.
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- "BT in talks to buy mobile phone operator EE for £12.5bn". The Guardian. 16 December 2014. Retrieved 16 December 2014.
- Neville, Simon (5 February 2015). "BT returns to mobile phones with £12.5bn takeover of EE". The Independent. London.
- "BT to buy mobile firm EE for £12.5bn". bbc.co.uk. BBC. 5 February 2015. Retrieved 5 February 2015.
- "BT takeover of EE gets final Competition and Markets Authority clearance". BBC News. 15 January 2016. Retrieved 29 January 2016.
- "BT Group PLC Completion of the acquisition of EE Limited". 4-traders. 29 January 2016. Retrieved 29 January 2016.
- "Archived copy". Archived from the original on 2016-10-02. Retrieved 2017-01-15.
- Farrell, Sean; Davies, Rob (2016-01-15). "BT's £12.5bn EE takeover gets green light". the Guardian. Retrieved 2018-08-03.