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| Type | Aktiengesellschaft |
|---|---|
| Traded as | FWB: DTE OTCQX: DTEGY |
| Industry | Telecommunications |
| Founded | 1995 (Privatization) 1996 (Flotation) |
| Headquarters | Bonn, Germany |
| Area served | Worldwide |
| Key people | René Obermann (CEO and Chairman of the executive board), Ulrich Lehner (Chairman of the supervisory board) |
| Products | Fixed Telephony Mobile Telephony Broadband Internet IT Services Networking Solutions Digital TV |
| Revenue | €58.65 billion (2011) |
| Operating income | €5.586 billion (2011) |
| Profit | €557 million (2011) |
| Total assets | €122.54 billion (2011) |
| Total equity | €35.29 billion (2011) |
| Owner(s) | President of Germany Bundeswehr Bundespolizei |
| Employees | 235,132 (2011) |
| Divisions | Group Headquarters and Shared Services Germany (fixed and mobile) Europe (fixed and mobile) United States (mobile) Systems Solutions (T-Systems) |
| Subsidiaries | EE (UK) (50% Stake with France Telecom), T-Systems |
| Website | www.telekom.com |
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References: |
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Deutsche Telekom AG (abbreviated DTAG, English: German Telecom) is a German telecommunications company headquartered in Bonn, North Rhine-Westphalia, Germany. Deutsche Telekom was formed in 1996 as the former state-owned monopoly Deutsche Bundespost was privatized. As of June 2008, the German government still holds a 15% stake in company stock directly, and another 17% through the government bank KfW.
The Deutsche Bundespost was the federal German government post office created in 1947 as a successor to the Reichspost. On July 1, 1989 as part of a post office reform, Deutsche Bundespost was split into 3 entities, one being Deutsche Bundespost Telekom. On January 1, 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 telekom units.
On 3 October 2012, Deutsche Telekom and MetroPCS have agreed to merge their operations in the United States.
On January 1, 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.
On September 8, 2009 Orange and T-Mobile parent Deutsche Telekom announced they were in advanced talks to merge their UK operations to create the largest mobile network in Britain now known as 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.
Deutsche Telekom also holds substantial shares in other telecom companies, including Central European subsidiaries Slovak Telekom (Slovakia), Magyar Telekom (Hungary), and T-Hrvatski Telekom (Croatia), which are now fully consolidated into T-Com/T-Home. Furthermore, Magyar Telekom holds majority shares in Makedonski Telekom (Macedonia), and T-Crnogorski Telekom (Montenegro) all of which have also been rebranded and included under the T-Com/T-Home umbrella. DT also holds shares in the Hellenic telecommunication operator OTE, which also have shares in several other companies like the mobile operators Cosmote Greece, Cosmote Romania, Globul Bulgaria, AMC Albania, the IT&C retailer Germanos and the Romanian telecommunication operator Romtelecom.
Deutsche Telekom AG corporate headquarters, Bonn
Deutsche Telekom world locations
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