
Deutsche Telekom AG
German multinational telecommunications company, the largest in Europe and majority owner of T-Mobile US. Reported €119.1 billion revenue in FY2025 with adjusted EBITDA of €44.2 billion.
Company Type
public
Founded
1995
Headquarters
Bonn, Germany
Stock
Frankfurt Stock Exchange: DTE
Revenue
€119.1 billion (FY2025)
Employees
Approximately 202,000
Primary Market
Global
Deutsche Telekom AG Timeline
About Deutsche Telekom AG
What does Deutsche Telekom own?
Deutsche Telekom owns a portfolio of telecommunications brands and services including T-Mobile US (approximately 48 percent majority stake), Telekom Germany (branded as "T"), MagentaTV and MagentaEINS in Germany, T-Mobile operations in multiple European countries, and T-Systems (enterprise IT services). The company's distinctive magenta color is a core element of its global brand identity.
Is Deutsche Telekom publicly traded?
Yes, Deutsche Telekom trades on the Frankfurt Stock Exchange under ticker symbol DTE and is a component of the EURO STOXX 50 index. The German federal government holds approximately 27.8 percent of shares, making it the largest single shareholder while the company operates as a publicly traded corporation.
Who founded Deutsche Telekom?
Deutsche Telekom was founded in 1995 through the privatization of the telecommunications division of Deutsche Bundespost, the German federal postal service. The company was listed on the Frankfurt Stock Exchange in 1996 in what was then the largest initial public offering in European history.
Where is Deutsche Telekom headquartered?
Deutsche Telekom AG is headquartered in Bonn, Germany, the former capital of West Germany. T-Mobile US, the company's largest subsidiary, is headquartered in Bellevue, Washington, USA. The company maintains operations across Germany, the United States, and multiple European countries.
How many brands does Deutsche Telekom own?
Deutsche Telekom operates primarily under the T-Mobile brand in international markets, Telekom (branded as "T") in Germany, and specialized brands including MagentaTV, MagentaEINS, and T-Systems for enterprise services. The company's portfolio spans wireless, fixed-line, television, and IT services across multiple markets.
Who owns Deutsche Telekom?
Deutsche Telekom is publicly owned with the German federal government as the largest shareholder, holding approximately 27.8 percent of shares both directly and through KfW, the German state-owned development bank. The remaining shares are held by institutional investors, pension funds, and individual shareholders internationally.
What is Deutsche Telekom's revenue?
Deutsche Telekom reported net revenue of €119.1 billion for FY2025, up 2.9 percent reported and 4.2 percent organically. Adjusted EBITDA AL was €44.2 billion and adjusted net profit was €9.7 billion. For FY2026, the company guided adjusted EBITDA AL to approximately €47.4 billion and free cash flow AL to approximately €19.8 billion.
History of Deutsche Telekom AG
Deutsche Telekom was created in 1995 through the privatization of the telecommunications division of Deutsche Bundespost, the German federal postal service. The company was listed on the Frankfurt Stock Exchange in 1996 in what was then the largest initial public offering in European history. The German government retained a significant ownership stake following the IPO.
In the early 2000s, Deutsche Telekom expanded internationally, acquiring mobile operators across Europe and entering the U.S. market through the acquisition of VoiceStream Wireless, which became T-Mobile USA. The U.S. business initially struggled to compete against larger rivals AT&T and Verizon, but a strategic turnaround under CEO John Legere beginning in 2012 transformed T-Mobile into one of the fastest-growing wireless carriers in the country.
The defining moment for Deutsche Telekom's U.S. strategy came in April 2020 when T-Mobile completed its merger with Sprint Corporation, creating the second-largest wireless carrier in the United States. The merger gave T-Mobile access to Sprint's spectrum holdings and customer base, enabling the rapid deployment of 5G networks across the country. Deutsche Telekom increased its stake in T-Mobile US to approximately 48 percent, achieving majority ownership.
Under CEO Tim Hoettges, who has led Deutsche Telekom since January 2014, the company has focused on integrating T-Mobile US, expanding 5G networks, and growing its European operations. The company has consistently delivered revenue and earnings growth, with FY2025 representing another record year.
In FY2025, Deutsche Telekom surpassed its raised guidance. On a constant exchange rate basis as specified in its guidance, adjusted EBITDA AL came in at €45.5 billion, exceeding the November 2025 target of €45.3 billion. Free cash flow AL reached €20.2 billion on this basis, exceeding the expected €20.1 billion.
Deutsche Telekom AG Sustainability & Ethics
Deutsche Telekom has established comprehensive sustainability initiatives focused on climate neutrality, circular economy, digital inclusion, and social responsibility. The company has committed to achieving climate neutrality in its own operations (Scope 1 and 2) by the end of 2025, reducing emissions by up to 95 percent compared to 2017 levels and offsetting remaining emissions.
The company has invested significantly in green network infrastructure, ensuring its telecommunications networks run on renewable energy. Deutsche Telekom aims to be climate neutral in terms of its own emissions by 2025, with ambitious targets for reducing its carbon footprint through energy efficiency measures and renewable energy sourcing.
In circular economy initiatives, Deutsche Telekom focuses on sustainable product design, waste reduction, and resource efficiency. The company implements product take-back programs and sustainable handling of electronic waste. The Green Future Best Practice Awards recognize supply chain partners who actively join in sustainability efforts.
Digital inclusion is a core component of Deutsche Telekom's social responsibility. The company provides digital infrastructure with affordable access for all and works to bridge the digital divide through programs that provide internet access and digital skills training to underserved communities.
Data protection and consumer rights are central to Deutsche Telekom's ethical framework. The company implements measures for sustainable handling of end-customer data, consumer protection, and fair and transparent interaction with end customers.
Deutsche Telekom received the 16th German Sustainability Award in 2025, making it the most sustainable telecommunications company in Germany. The award is considered Germany's most prestigious recognition for exemplary environmental and social performance.
Controversy, Regulation & Public Scrutiny
Deutsche Telekom operates under extensive regulatory oversight in multiple jurisdictions. In the United States, T-Mobile US is regulated by the Federal Communications Commission (FCC) and the Department of Justice. The Sprint merger was approved subject to conditions including divestitures of spectrum and prepaid assets to Dish Network, which was designated as a fourth nationwide carrier to maintain competition.
In Germany and the European Union, Deutsche Telekom faces regulation from national telecommunications regulators and the European Commission. Regulatory issues include spectrum allocation, network neutrality, wholesale access pricing, and consumer protection rules.
The company has faced scrutiny over data privacy practices, particularly following the implementation of the EU's General Data Protection Regulation (GDPR). As a telecommunications provider handling vast amounts of customer data, Deutsche Telekom must maintain strict compliance with data protection regulations.
The German government's 27.8 percent ownership stake has occasionally raised questions about potential political influence in corporate decision-making, though Deutsche Telekom operates as an independent publicly traded corporation.
Brands Owned by Deutsche Telekom AG
Deutsche Telekom AG owns 1 brand in our database. Explore the ownership tree below — click categories to expand and see individual brands.
Deutsche Telekom AG
public · Founded 1995 · Bonn, Germany
1
brands
Stock Information
Deutsche Telekom AG Ownership: Pros & Cons
Advantages
- +Majority ownership of T-Mobile US, the second-largest U.S. wireless carrier with 140 million subscribers
- +Largest telecommunications provider in Europe with strong market positions across multiple countries
- +FY2025 record results: €119.1 billion revenue, €44.2 billion adjusted EBITDA AL, €9.7 billion adjusted net profit
- +German government stake provides stability and implicit sovereign backing
- +Strong 5G network deployment across U.S. and European markets
- +FY2026 guidance of €47.4 billion adjusted EBITDA AL demonstrates continued growth trajectory
- +Comprehensive sustainability program with climate neutrality target by 2025
- +Dividend of €1.00 per share provides shareholder returns
Considerations
- -German government ownership stake may constrain strategic flexibility
- -Heavy capital expenditure requirements for network infrastructure and 5G deployment
- -Intense competition in both U.S. and European telecommunications markets
- -Regulatory scrutiny in multiple jurisdictions affects pricing and market strategies
- -Currency exchange risk between EUR and USD given that 78 percent of revenue is generated internationally
- -Net debt of €132.5 billion (including leases) represents significant leverage
- -Climate neutrality targets require significant investment and operational changes
Frequently Asked Questions About Deutsche Telekom AG
What does Deutsche Telekom own?
Deutsche Telekom owns a portfolio of telecommunications brands and services including T-Mobile US (approximately 48 percent majority stake), Telekom Germany (branded as "T"), MagentaTV and MagentaEINS in Germany, T-Mobile operations in multiple European countries, and T-Systems (enterprise IT services). The company's distinctive magenta color is a core element of its global brand identity.
Is Deutsche Telekom publicly traded?
Yes, Deutsche Telekom trades on the Frankfurt Stock Exchange under ticker symbol DTE and is a component of the EURO STOXX 50 index. The German federal government holds approximately 27.8 percent of shares, making it the largest single shareholder while the company operates as a publicly traded corporation.
Who founded Deutsche Telekom?
Deutsche Telekom was founded in 1995 through the privatization of the telecommunications division of Deutsche Bundespost, the German federal postal service. The company was listed on the Frankfurt Stock Exchange in 1996 in what was then the largest initial public offering in European history.
Where is Deutsche Telekom headquartered?
Deutsche Telekom AG is headquartered in Bonn, Germany, the former capital of West Germany. T-Mobile US, the company's largest subsidiary, is headquartered in Bellevue, Washington, USA. The company maintains operations across Germany, the United States, and multiple European countries.
How many brands does Deutsche Telekom own?
Deutsche Telekom operates primarily under the T-Mobile brand in international markets, Telekom (branded as "T") in Germany, and specialized brands including MagentaTV, MagentaEINS, and T-Systems for enterprise services. The company's portfolio spans wireless, fixed-line, television, and IT services across multiple markets.
Who owns Deutsche Telekom?
Deutsche Telekom is publicly owned with the German federal government as the largest shareholder, holding approximately 27.8 percent of shares both directly and through KfW, the German state-owned development bank. The remaining shares are held by institutional investors, pension funds, and individual shareholders internationally.
What is Deutsche Telekom's revenue?
Deutsche Telekom reported net revenue of €119.1 billion for FY2025, up 2.9 percent reported and 4.2 percent organically. Adjusted EBITDA AL was €44.2 billion and adjusted net profit was €9.7 billion. For FY2026, the company guided adjusted EBITDA AL to approximately €47.4 billion and free cash flow AL to approximately €19.8 billion.







