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For the fiscal year 2017, Deutsche Telekom reported earnings of €3.5 billion, with an annual revenue of €74.9 billion, an increase of 2.5% over the previous fiscal cycle. [29] Deutsche Telekom's shares traded at over €14 per share, and its market capitalization was valued at US$68.4 billion in November 2018. [30]
On 1 July 1989, West Germany reorganized Deutsche Bundespost [4] and consolidated telecommunications into a new unit, Deutsche Bundespost Telekom. [5] [6] On 1 July 1992, it began to operate Germany's first GSM network under the name De.Te.Mobil Deutsche Telekom Mobilfunk GmbH. It took over the car phone network activities of Deutsche ...
Through its Deutsche Börse Cash Market business section, Deutsche Börse AG now operates two trading venues at the Frankfurt Stock Exchange. Xetra is the reference market for exchange trading in German equities and exchange traded funds. In 2015, 90 per cent of all trading in shares at all German exchanges was transacted through the Xetra.
Deutsche Bundespost Telekom was renamed Deutsche Telekom AG on 1 January 1995 as part of phase two of the German communications reform. [6] This process of deregulation continued in November 1996, when DT was privatized and had the largest European IPO at the time, with the stock abbreviation 'DT 1'.
René Obermann (born 5 March 1963) is a German businessman who is chairman of Warburg Pincus International LLC's European operations, [1] and chairman of Airbus SE since April 2020. [2] He was previously (from November 2006 to December 2013) CEO of Deutsche Telekom AG. [3]
The STOXX Europe 600, also called STOXX 600, SXXP, is a stock index of European stocks designed by STOXX Ltd. This index has a fixed number of 600 components representing large, mid and small capitalization companies among 17 European countries, covering approximately 90% of the free-float market capitalization of the European stock market (not limited to the Eurozone).
Deutsche Telekom is multi-national German-based telecommunications provider. For details about the group, please see Deutsche Telekom . For details about the companies in the group, be it subsidiaries, associates, or partners, please see the individual articles listed below.
The WIR Bank was a not-for-profit entity, although that status changed during the Bank's expansion. [6] The bank considers itself as stable, claiming to be fully operational during times of general economic crisis and may dampen downturns in the business cycle, helping to stabilize the Swiss economy during difficult times. [ 7 ]