Deutsche Telekom

One of the world's leading integrated telecommunications companies

Categories

Technology  
Media and Communications  

#130

Rank

$107.45B

MarketCap DE

DE Germany

Country

Summary

Deutsche Telekom is a telecommunications company that offers a range of fixed-network services, such as voice and data communication services based on fixed-network and broadband technology; and sells terminal equipment and other hardware as well as services to resellers. They are also offering their customers products and services related to connected life and work. 

Deutsche Telekom AG, together with its subsidiaries, provides integrated telecommunication services. The company operates through five segments: Germany, the United States, Europe, Systems Solutions, and Group Development. It offers fixed-network services, including voice and data communication services based on fixed-network and broadband technology; and sells terminal equipment and other hardware products, as well as services to resellers. The company also provides mobile voice and data services to consumers and business customers; sells mobile devices and other hardware products; and sells mobile services to resellers and to companies that purchase and market network services to third parties, such as mobile virtual network operators. In addition, it offers internet services; internet-based TV products and services; and information and communication technology systems for multinational corporations and public sector institutions with an infrastructure of data centres and networks under the T-Systems brand, as well as call centre services. 

The company has 242 million mobile customers and 22 million broadband customers, as well as 27 million fixed-network lines. Deutsche Telekom AG has a collaboration with VMware, Inc. on a cloud-based open and intelligent virtual RAN platform to bring agility to radio access networks for existing LTE and future 5G networks; and a partnership with Microsoft to deliver high-performance cloud computing experiences. The company was founded in 1995 and is headquartered in Bonn, Germany.
 


History

Deutsche Telekom is a German telecommunications company headquartered in Bonn, Germany. The company is one of the largest telecommunications providers in Europe and the world, with operations in over 50 countries.

Deutsche Telekom was originally founded in 1995 as a state-owned company called Deutsche Bundespost Telekom. It was created as a result of the German government's decision to privatize its telecommunications sector. The company was later renamed to Deutsche Telekom in 1996, after it was privatized and listed on the Frankfurt and New York stock exchanges.

Throughout the late 1990s and early 2000s, Deutsche Telekom expanded its operations through a series of acquisitions and partnerships. In 1999, the company acquired the US-based mobile operator VoiceStream Wireless, which was later renamed T-Mobile US. In 2001, Deutsche Telekom acquired the UK-based mobile operator One2One, which was later rebranded as T-Mobile UK.

In 2008, Deutsche Telekom acquired the Greek telecommunications company OTE, which gave the company a significant presence in the Balkans. In 2010, Deutsche Telekom formed a strategic partnership with France Telecom, which created the joint venture company, Everything Everywhere, in the UK.

Deutsche Telekom's mobile telecommunications division, T-Mobile, has been a significant driver of the company's growth. In recent years, T-Mobile has aggressively expanded its network and customer base in the United States. In 2020, T-Mobile completed its merger with Sprint, making it the third-largest mobile operator in the United States.

In addition to its telecommunications operations, Deutsche Telekom has also invested heavily in research and development. The company has a significant presence in the fields of artificial intelligence, cloud computing, and cybersecurity.

Deutsche Telekom has also been committed to sustainability and social responsibility. The company has set ambitious targets for reducing its carbon emissions and has been recognized for its efforts in promoting diversity and inclusion.

As of 2023, Deutsche Telekom employs over 230,000 people worldwide and serves over 230 million customers. The company has a market capitalization of over €70 billion and reported revenue of €101 billion in 2021.


Mission

Deutsche Telekom's mission is to connect people and improve their lives through innovative and reliable telecommunications services. The company strives to provide its customers with the best possible service and to be a trusted partner in helping them navigate the digital world. Deutsche Telekom is committed to driving digital transformation and shaping the future of the telecommunications industry, while also promoting sustainability and social responsibility. The company's mission is reflected in its slogan, "Life is for sharing," which emphasizes the importance of connectivity and communication in modern life.


Vision

eutsche Telekom's vision is to be the leading telecommunications provider in Europe and to be a major player on the global stage. The company aims to achieve this by delivering superior customer service, innovative products and services, and by constantly adapting to meet the changing needs of its customers.

In addition, Deutsche Telekom is committed to leading the way in digital transformation and shaping the future of the telecommunications industry. The company sees technology as a key driver of economic and social progress, and it is committed to investing in research and development to stay at the forefront of innovation.

Furthermore, Deutsche Telekom also has a strong focus on sustainability and social responsibility. The company's vision is to be a leader in environmental and social responsibility, and to promote sustainable business practices throughout the industry.


Key Team

Birgit Bohle (Board Member)

Christian P. Illek (Chief Financial Officer)

Claudia Nemat (Chief Technology & Innovation Officer)

Constantin Greve (Board Member)

Dagmar P. Kollmann (Board Member)

Dominique Leroy (Head-Europe)

Frank Appel (Board Member)

Frank Sauerland (Board Member)

Günther Bräunig (Board Member)


Recognition and Awards
Fortune Global 500 - Deutsche Telekom has won awards such as the IT Award from AutomotiveIT, Forbes' World's Best Employers 2021, Leading company for Investor Relations and Leading Investor Relations Awards, multiple awards for its sustainability reporting, and Best Pan-European Wholesale Carrier at the Global Carrier Awards

Products and Services

Deutsche Telekom provides a wide range of telecommunications products and services, including:

1. Mobile services: Deutsche Telekom operates mobile networks in various countries and provides mobile services, such as voice and data plans, messaging, and mobile devices.

2. Fixed-line services: Deutsche Telekom also offers fixed-line services, including internet, landline phone, and television services.

3. Cloud services: The company provides cloud computing services, including storage, hosting, and virtual machines.

4. IT services: Deutsche Telekom offers IT services, including cybersecurity, data center services, and managed services.

5. IoT solutions: Deutsche Telekom provides Internet of Things (IoT) solutions for businesses, including smart metering, fleet management, and industrial automation.

6. Wholesale services: The company offers wholesale telecommunications services to other service providers, such as network infrastructure, broadband access, and voice termination.

7. Digital services: Deutsche Telekom offers digital services, such as streaming music and video, online gaming, and e-commerce.

Deutsche Telekom's products and services are designed to provide customers with reliable and innovative telecommunications solutions to meet their connectivity needs.


References
Deutsche Telekom
Leadership team

Petra Steffi Kreusel (Board Member)

Adel Bedry Al-Saleh (Board Member)

Industries

Technology

Media and Communications

Products/ Services
Fixed-line, Mobile phone, Broadband, Digital television, Digital media, IT Services, Telecommunications
Number of Employees
Above 50,000
Headquarters
Bonn,Germany
Established
1995
Company Type
Public Limited Company
Company Registration
SEC CIK number: 0000946770
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
DTE.DE
Social Media

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Sat Mar 02 2024
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