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The FreeMove alliance was established in 2003, combining the national network capabilities of four of Europe's largest national mobile operators: Deutsche Telecom, France Télécom (now Orange S.A.), Telefónica and Telecom Italia (TIM) for multinational customers.
[8] [9] Deutsche Telekom was the monopoly Internet service provider (ISP) for Germany until its privatization in 1995, and the dominant ISP thereafter. [10] Until the early 21st century, Deutsche Telekom controlled almost all Internet access by individuals and small businesses in Germany, as they were one of the first German telecom units. [10]
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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'. [6] [8] [9]
[12] [13] In exchange, KPN received €8.6 billion (€5 billion of which was cash). [14] [15] In September 2014, Telefónica Germany announced the sale of €3.62 billion in new stock to help finance the acquisition of its competitor E-Plus from KPN. As part of the purchase, Telefónica reduced its stake in its subsidiary to 62.1%. [16]
Since 2007, Deutsche Börse operates the joint venture Scoach with SIX Swiss Exchange to provide a European derivative trading platform. [9] In July 2015, Deutsche Börse bought the 360T company for €725 million [10] and also acquired all shares (100%) of the joint venture STOXX AG for a purchase price of CHF 650 million from the SIX Group. [11]
Kerstin Günther (born 1967) is a German business executive.Since 1991, she has held management positions in the Deutsche Telekom Group where in March 2012 she was appointed Senior Vice President Technology Europe, reporting to Claudia Nemat, board member Europe and Technology. [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]