Deutsche Telekom
Telecommunications Company
Report: AT&T, Clearwire among prospective T-Mobile partners...partners for T-Mobile USA as the Bellevue-based company's parent, Deutsche Telekom, looks to finance a network upgrade for its U.S. subsidary. Reuters quotes two anonymous sources who say Deutsche Telecom is "keeping its options open... In this article: AT&T, Clearwire, T-Mobile, Deutsche Telekom, United States, T-Mobile USA, and Iphone |
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Yahoo! News | 5 days ago
U.S. regulators seek faster review of wireless sites (Reuters)
...case to court. Companies such as Verizon Wireless, AT&T Inc and T-Mobile, the U.S. unit of Deutsche Telekom AG, are seeking to deploy the next generation of wireless products and services to meet growing consumer demand. Verizon Wireless...
In this article: Federal Communications Commission, AT&T Inc, U.S., T-Mobile, Verizon Wireless, and Joint venture
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Reuters | 5 days ago
German union to represent T-Mobile USA workers
...global economy. "We expect Deutsche Telekom to operate far above the minimum in the United States," added Cohen, accusing T-Mobile USA of subjecting workers who support unionization to intimidation and surveillance. T-Mobile said it has...
In this article: T-Mobile USA, Deutsche Telekom AG, United States, T-Mobile, Thomson Reuters, Small business, and Communications Workers of America
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BusinessWeek Online | 3 days ago
DT to Seek U.S. Partners for T-Mobile USA
...Olga Kharif on November 20 T-Mobile USA's parent Deutsche Telekom is looking for U.S. partners to help fund the U.S. wireless carrier's network build-out, according to a report from Reuters and a German newspaper. Potential partners may...
In this article: Clearwire, T-Mobile USA, T-Mobile, MetroPCS, U.S., AT&T, Facebook, and BusinessWeek
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Kansas City Star | 3 days ago
Telecom takeover buzz centers on MetroPCS
...Telekom AG, the parent of T-Mobile USA, might seek a partnership or may consider acquiring MetroPCS to help with the costs of expansion in the U.S. It would make sense for Deutsche Telekom to combine with a partner like MetroPCS to increase...
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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AP Online | 5 days ago
Union ramps up efforts to organize T-Mobile
...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 encouraged by labor laws. But CWA president Larry Cohen says T-Mobile...
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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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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