Deutsche Telekom AG (, lit. 'German Telecom'; often just Telekom, DTAG or DT; stylised as ·T·) is a partially state-owned German telecommunications company headquartered in Bonn and is the world-wide largest telecommunications provider by revenue.[5] It was formed in 1995 when Deutsche Bundespost, a state monopoly at the time, was restructured. 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.[6] In 2023, the company was ranked 41st in the Forbes Global 2000.[7] 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.[8] On 4 June 2024, the German government reduced its total shareholding to 27.8%.[9] The company is a component of the EURO STOXX 50 stock market index.[10]
History
The Deutsche Bundespost was the German federal government postal administration created in 1947 as a successor to the Reichspost. It was also the major telephone company in West Germany.
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.[11][12]
Deutsche Telekom was the monopoly Internet service provider (ISP) for Germany until its privatization in 1995, and the dominant ISP thereafter.[13] Until the early 21st century, Deutsche Telekom controlled almost all
Finances
For the fiscal year 2017, Deutsche Telekom reported earnings of €3.5 billion, with an annual revenue of €74.9 billion, an increase of 2.5% over the previous fiscal cycle.[33] Deutsche Telekom's shares traded at over €14 per share, and its market capitalization was valued at US$68.4 billion in November 2018.[34]
The key trends for Deutsche Telekom are (as at the financial year ending December 31):[35][36]
Operations
Deutsche Telekom also holds substantial shares in other telecom companies, including Central European subsidiaries Slovak Telekom (Slovakia) and Magyar Telekom (Hungary). Furthermore, Magyar Telekom holds majority shares in Makedonski Telekom (North Macedonia), and Hrvatski Telekom (Croatia) holds majority shares in Crnogorski Telekom (Montenegro). It also has significant shares in HT Mostar (Bosnia and Herzegovina).
DT also holds shares in the Hellenic telecommunication operator OTE, which also have shares in several other companies 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 wholesale support services to large carriers.[37]
See also
- List of mobile network operators
- List of telecommunications regulatory bodies
- Deutsche Telekom eavesdropping controversy
References
- Annual Report 2025 Deutsche Telekom AG, retrieved 2026-03-13^
- The 2015 Financial Year Deutsche Telekom, retrieved 22 August 2016^
- Deutsche Telekom Organisational Structure Deutsche Telekom Group retrieved 2011-04-30