Deutsche Telecom

Deutsche Telekom AG

Type	Aktiengesellschaft
Traded as	: DTE
Industry	Telecommunications
Founded	1995; 23 years ago (1995) (Privatisation) 1996; 22 years ago (1996) (Flotation)
Headquarters	Bonn, Germany
Area served	Worldwide
Key people	Timotheus Höttges (CEO and Chairman) Ulrich Lehner (Chairman of the Supervisory board)
Products	Fixed-line Mobile phone Broadband Digital television Digital Media IT Services Networking Solutions
Revenue	€73.09 billion (2016)
Operating income	€9.16 billion (2016)
Profit	€2.67 billion (2016)
Total assets	€148.4 billion (2016)
Total equity	€29.3 billion (2016)
Owner	Free Float (68.1%) Federal Republic of Germany (31.9%)
Number of employees	216,548 (2016)
Subsidiaries	T-Systems Hrvatski Telekom Magyar Telekom Makedonski Telekom OTE Slovak Telekom T-Mobile Austria T-Mobile Czech Republic T-Mobile Nederland T-Mobile Polska T-Mobile US Telekom Albania Telekom Romania
Website	www.telekom.com
Footnotes / references

Deutsche Telekom AG ( 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.

As of February 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 .

The Deutsche Bundespost was the federal German government post office created in 1947 as a successor to the Reichspost. 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.