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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]
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According to Deutsche Börse, the operator of Xetra, DAX measures the performance of the Prime Standard's 40 largest German companies in terms of order book volume and market capitalization. [2] DAX is the equivalent of the UK FTSE 100 and the US Dow Jones Industrial Average , and because of its small company selection it does not necessarily ...
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]
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'.
T-Systems was founded in 2000, when Deutsche Telekom acquired a 50.1% stake of debis Systemhaus, one of the largest IT services companies in Germany at the time. Most of Deutsche Telekom's existing service and IT businesses were then merged and incorporated under the control of one single company, the newly founded T-Systems.
Telekom Deutschland's fixed line operations originated from T-Com, a legal successor to Deutsche Bundespost Telekom. T-Com was created after the German postal reform. [7] The mobile brand name was changed to DeTeMobil Deutsche Telekom MobilNet GmbH (T-Mobil), [9] while the network was named T-D1.
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.