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As of April 2020[update], the German government held a direct 14.5% stake in company stock and another 17.4% through the government bankKfW.[8] On 4 June 2024, the German government reduced its total shareholding to 27.8%.[a][9] The company is a component of theEURO STOXX 50stock market index.[10]
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 privatizedDeutsche Bundespost companies,Deutsche Post (DHL) andDeutsche Postbank.[11][12]
Deutsche Telekom was the monopolyInternet service provider (ISP) forGermany until its privatization in 1995, and the dominant ISP thereafter.[13] Until the early 21st century, Deutsche Telekom controlled almost allInternet access by individuals and small businesses in Germany, as they were one of the first German telecom units.[13]
On 6 December 2001, Deutsche Telekom became the first official partner of the2006 FIFA World Cup.[14] 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 millionbroadband 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 parentFrance Télécom andT-Mobile parent Deutsche Telekom merged their operations in theUnited Kingdom to create the largest mobile network in Britain,EE.[15]
In April 2010, T-Mobile was merged with T-Home to formTelekom 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 fromeconomies of scale.
Previous logo (2013–2022)
In April 2013,T-Mobile US andMetroPCS merged their operations in theUnited States.[16] In February 2014, Deutsche Telekom acquired the remaining parts of itsT-Mobile Czech Republic division for around €800 million. The size of the remaining stake was numbered at 40 percent.[17]
In December 2014, it was announced that Deutsche Telekom were in talks withBT 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.[18][19] BT Group announced agreement in February 2015 to acquire EE for £12.5 billion[20] and received regulatory approval from theCompetition and Markets Authority on 15 January 2016.[21] The transaction was completed on 29 January 2016.[22]
In February 2020, Deutsche Telekom joined a new partnership called HAPS Alliance to promote the use of high-altitude vehicles in the Earth's stratosphere with the goal of eliminating the digital divide.[28] On April 1, 2020,Sprint completed themerger with T-Mobile US, making T-Mobile US the owner of Sprint and becoming its subsidiary until the Sprint brand is phased out. The merger also ledSoftBank Group, the then-owner of Sprint, to hold up to 24% of New T-Mobile's shares while Deutsche Telekom holds up to 43% of its shares. The remaining 33% is since held by public shareholders.
In December 2023, Deutsche Telekom and Nokia withFujitsu began deploying a multivendorOpen Radio Access Network (Open RAN). The network is fully integrated into Deutsche Telekom's existing commercial network, including5G AirScale compatible with Open RAN.[31]
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.[32] Deutsche Telekom's shares traded at over €14 per share, and its market capitalization was valued at US$68.4 billion in November 2018.[33]
The key trends for Deutsche Telekom are (as at the financial year ending December 31):[34][35]
DT also holds shares in the Hellenic telecommunication operatorOTE, 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.[36][37]OTE also used to have shares inOne Telecommunications operating in Albania. Prior to its sale it was known as Telekom Albania using DT's logo and marketing strategies.
Operation of telephone companies involves billing-software or "BSS". Deutsche Telekom'sT-Mobile billing was performed onIsraeli-backend systems until 2014, whenEricsson was selected to replace the Israeli backend.
T-Systems sells worldwide products and services to medium to very large business customers. The focus is on the marketing of complex services and industry solutions.
Deutsche Telekom Global Carrier[39] was formerly known as Deutsche Telekom International Sales and Solutions. It is an international wholesale arm of Deutsche Telekom. The products include Voice Termination, Ethernet, IP-Transit, Mobile and Roaming as well as In-flight Internet Access for the aviation industry. It operates aTier-1 network.
Together with Inmarsat and Nokia, Deutsche Telekom develops a hybrid network for faster internet access on board the planes inEurope. It is a combination of data transmission via Inmarsat Satellite and Deutsche Telekom's LTE ground stations throughout the European continent.