
Deutsche Telekom
GermanyAbout
Deutsche Telekom, often shortened to Telekom, is a German telecommunications company headquartered in Bonn. It stands as Europe's largest telecommunications provider by revenue and ranks third globally. The company's origins trace back to January 1, 1995, emerging from Postreform II, a reform that transformed the state-owned monopoly, Deutsche Bundespost, into three separate entities. This privatization marked a significant shift from a government agency to a commercially focused international player.
Today, Deutsche Telekom operates in over 50 countries, with significant infrastructure and customer bases in Germany, Europe, and the United States. Its subsidiary T-Mobile US is a major growth engine, especially after its 2020 merger with Sprint, solidifying its position as a leading mobile carrier in the U.S. The company's global presence and extensive network make it a formidable competitor in the international telecommunications landscape.
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Company Info
- Founded
- January 1, 1995
- Founder
- Deutsche Bundespost (restructured)
- CEO
- Timotheus Höttges
- Headquarters
- Bonn, Germany
- Industry
- Telecommunications
- Revenue
- €112.0 billion (as of December 31, 2023)
- Employees
- 199652
- Global Ranking (Revenue)
- 3rd largest
- European Ranking (Revenue)
- Largest
- Major Subsidiaries
- T-Mobile, T-Systems
- Market Capitalization
- Approx. $167.85 billion (as of 2024)
- Fortune Global 500 Ranking
- 79th (2023)
- Forbes Global 2000 Ranking
- 41st (2023)
- Countries of Operation
- Over 50
Official Website
www.telekom.com/
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