Deutsche Telekom
Telecommunications Company
Telecom takeover buzz centers on MetroPCS...and acquisitions. " The German newspaper Handelsblatt, in an article published today, said it learned from "company circles" that Deutsche Telekom AG, the parent of T-Mobile USA, might seek a partnership or may consider acquiring MetroPCS... In this article: MetroPCS, Handelsblatt, Deutsche Telekom AG, Customer base, E mail, T-Mobile USA, Leap Wireless International Inc., and New York Stock Exchange |
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Reuters | 1 day ago
Deutsche Telekom open to all options for U.S. unit: sources
As part of a partnership with a financial investor, the investor might take a stake in Deutsche Telekom's U.S. unit, Handelsblatt reported. Deutsche Telekom's chief operating officer, who told Reuters the company remained committed...
In this article: United States, Handelsblatt, MetroPCS, Vodafone, AT&T Inc, London, Joint venture, and Orange
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Deutsche Telekom seeks partner in U.S. - report
...U.S. mobile communications business, German paper Handelsblatt reported, citing unidentified people from the German company. Deutsche Telekom wants the partner to help finance billions of euros of investment in networks that offer fast data...
In this article: U.S., Handelsblatt, MetroPCS, AT&T Inc, Verizon Wireless, T-Mobile USA, Sprint-Nextel, and Leap Wireless
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WebWire? -- News by Industry : Financial Markets | 2 days ago
Deutsche Telekom takes over Strato
...contribution to net profit and free cash flow from the very first day of consolidation" said van Damme. The transaction will make Deutsche Telekom number two for webhosting products in Germany. Strato s products, which include e-mail,...
In this article: Cash flow, Revenue, Freenet AG, Germany, Annual report, Amortization, Pro forma, and E mail
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MarketWatch.com - MarketPulse | 2 days ago
Deutsche Telekom buys Strato from Freenet
FRANKFURT (MarketWatch) -- Deutsche Telekom AG /quotes/comstock/13*!dt/quotes/nls/dt (DT 14.49, -0.04, -0.28%) /quotes/comstock/11e!fdte (DE:DTE 9.65, -0.04, -0.36%) said Thursday it will buy 100% of the shares in webhosting providers Strato...
In this article: Freenet AG, E mail, Small business, MarketWatch, and Frankfurt
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German union to represent T-Mobile USA workers
By David Morgan U.S. and German labor leaders announced a transatlantic alliance on Wednesday aimed at persuading Germany's giant Deutsche Telekom AG to allow collective bargaining at its subsidiary, T-Mobile USA. Under the agreement,...
In this article: T-Mobile USA, Deutsche Telekom AG, United States, T-Mobile, Revenue, and Bonn
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AP Online | 3 days ago
Union ramps up efforts to organize T-Mobile
...a "double standard" between how European companies treat workers in their home countries compared with the U.S. T-Mobile's parent company Deutsche Telekom AG is known as a union-friendly model in Germany, where cooperation with unions is...
In this article: T-Mobile, T-Mobile USA, United States, Communications Workers of America, Deutsche Telekom AG, Germany, and AT&T Mobility
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U.S., German unions join forces on T-Mobile USA
...Nov 18 (Reuters) - U.S. and German union leaders on Wednesday announced a trans-Atlantic alliance aimed at persuading Germany's giant Deutsche Telekom <DTEGn. DE> to allow collective bargaining at its subsidiary, T-Mobile USA. Under the...
In this article: T-Mobile USA, United States, Communications Workers of America, Germany, and Bonn
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FT.com - Companies | November 05, 2009
Deutsche Telekom sees dip in US revenues
Published: November 5 2009 10:19 | Last updated: November 5 2009 14:20 Deutsche Telekom, the German telecoms group, gave a glimpse of the pressure it is under in the US when it said dollar-denominated revenues there dropped in the third...
In this article: T-Mobile, US, Revenue, Joint venture, Cash flow, Amortization, Blackstone, and France Telecom
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MobileBurn | November 05, 2009
T-Mobile USA loses 77,000 customers as parent Deutsche Telekom sees 7.2 percent increase in Q3
...net customers in the third quarter of 2009, down from 670,000 net additions in the same quarter of last year according to parent company Deutsche Telekom's third-quarter financial results. Overall, Deutsche Telekom saw a 7.2 percent...
In this article: T-Mobile USA, Revenue, Twitter, U.S., Europe, and Philadelphia
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Deutsche Telekom profit up 7.2%, confirms guidance
MADRID (MarketWatch) -- Germany's Deutsche Telekom /quotes/comstock/13*!dt/quotes/nls/dt (DT 13.69, +0.16, +1.18%) [se: de:dte] on Thursday reported a 7.2% rise in third-quarter net profit to 959 million euros ($1.42 billion), against a net...
In this article: Revenue, MarketWatch, Madrid, and Germany
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Description from Wikipedia:
thumb|250px|right|DTAG corporate headquarters, [[Bonn]]
Deutsche Telekom AG (FWB: DTE, NYSE: DT, TYO: 9496) (German Telecom) (abbreviated DTAG) is a telecommunications company headquartered in Bonn, Germany. It is the largest telecommunications company in Germany and in the European Union.
Deutsche Telekom was formed in 1996 as the former state-owned monopoly Deutsche Bundespost was privatized. As of June 2008, the German government still holds a 15% stake in company stock directly, and another 17% through the government bank KfW.
The former CEO Kai-Uwe Ricke was ousted by the board of the company because of slumping sales and the flight of customers to cheaper competitors. More than 1.5 million customers changed to rival companies during 2005 and 2006 and as a result, Deutsche Telekom laid off more than 30,000 workers. The new CEO was announced on November 12 2006 after a long-night board session: René Obermann, the former CEO of T-Mobile International.
The predecessor of Ricke, Ron Sommer, chairman of Deutsche Telekom between 1995 and 2002, was ousted because of the drop in the share price of the company in 2002. At the height of the dot-com bubble, the share was valued at over €100 but fell significantly to about €12/share during a couple of months. Sommer said that "he had some opinion-based difficulties between him and board of the Telekom".
As part of the Deutsche Telekom eavesdropping controversy, charges were filed against the company for allegedly abusing call data to snoop on supervisory board members and journalists. In October 2008 the company confirmed, that personal information of 17 million mobile phone customers has been copied.
- Name:
- Deutsche Telekom AG
- Type:
- Public (FWB: DTE, NYSE: DT, TYO: 9496)|
- Location:
- Bonn, Germany
- Founded:
- 1996
- Stock Symbol:
- DT
- Industry:
- Telecommunications
- Key People:
- René Obermann , Ulrich Lehner
- Products:
- Fixed-line and mobile telephony, broadband and fixed-line internet services, IT and network services
- Revenue:
- €61.67 billion
- Operating Income:
- €7.040 billion
- Net Income:
- €1.483 billion
- No. of Employees:
- 234,890
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