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Deutsche Telekom - Wikipedia, the free encyclopedia

Deutsche Telekom

From Wikipedia, the free encyclopedia

Deutsche Telekom AG
Image:DT_logo.gif
Type Public (NYSE: DT); (LSE: DEU); (TYO: 9496 )
Founded 1996
Headquarters Bonn, Germany
Key people René Obermann, Chairman & CEO
Products Fixed telephone
Mobile telephone
Broadband, Internet services
IT/Network services
Revenue €59,6 billion EUR (2005)
Employees around 243,000 (September 2005)
Slogan "Hallo Zukunft!" {"Hello future!")
Website www.telekom.de
DTAG corporate headquarters, Bonn
Enlarge
DTAG corporate headquarters, Bonn

Deutsche Telekom AG (NYSE: DT) (TYO: 9496 ) (LSE: DEU) (abbreviated DTAG) is a telecommunications company headquartered in Bonn, Germany. It is the largest telecommunications company in Germany and in the EU.

Deutsche Telekom was formed in 1996 as the former state-owned monopoly Deutsche Bundespost was privatized. As of 2005, the German government still holds a 15.7% stake in company stock. 4,5% of the company is owned by the Private equity firm Blackstone Group.

The former CEO Kai-Uwe Ricke was ousted by the board of the company because slumping sales and the fleeing customers to cheaper competitors have led the company to look for a new CEO. More than 1.5 million customers changed to rivaling companies during 2005 and 2006 so the Deutsche Telekom had to lay-off more than 30,000 workers. The new CEO was announced on November 12, 2006 after a long-night board session, his name is René Obermann who is also the CEO of T-Mobile International.

The predecessor of Ricke, Ron Sommer, was ousted because of the drop of the share of the Deutsche Telekom in 2002. On the height of the "dot-com-bubble", the share was over 100€ and 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".

Contents

[edit] Holdings

All subsidiaries of Deutsche Telekom have names starting with "T-".

  • T-Com, a legacy telephone and fixed network carrier
  • T-Mobile, a mobile phone provider
  • T-Online, an internet service provider (ISP)
  • T-Systems, a business division focused on providing to large customers, includes R&D

A new Group structure was introduced on January 1, 2005, Deutsche Telekom has merged the two organizational business units of T-Com and T-Online into the Broadband/Fixed Network (BBFN) strategic business area. With around 40 million narrowband lines, over 9 million broadband lines and 14 million registered Internet customers, the Broadband/Fixed Network business area is one of the largest providers in Europe.

Deutsche Telekom also holds substantial shares in other telecom companies, including Central European subsidiaries T-Slovak Telekom (Slovakia), Magyar Telekom (Hungary), T-Crnogorski Telekom (Montenegro), and T-Hrvatski Telekom (Croatia), which are now fully consolidated into T-Com.

[edit] Facilities

A list of transmission facilities follows.

[edit] TV Towers/Telecommunication towers

The following facilities are free standing TV Towers - some of which have publicly accessible observation decks.

[edit] Guyed masts for FM, directional radio and TV

[edit] Transmission facilities for long- and mediumwave

[edit] Transmission facilities for shortwave

[edit] Aerial testing sites

[edit] Facilities for satellite communication

  • Erdfunkstelle Raisting
  • Erdfunkstelle Usingen

[edit] External links


 v  d  e 
DAX Companies of Germany

Adidas | Allianz | Altana | BASF | Bayer | BMW | Commerzbank | Continental | DaimlerChrysler | Deutsche Bank | Deutsche Börse | Deutsche Post |
Deutsche Postbank | Deutsche Telekom | E.ON | Fresenius Medical Care | Henkel | Hypo Real Estate | Infineon Technologies |
Linde (The Linde Group) | Lufthansa | MAN | METRO | Munich Re | RWE | SAP | Siemens | ThyssenKrupp | TUI | Volkswagen

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