Deutsche Telekom AG engages in the provision of telecommunications and information technology services. It operates through the following segments: Germany, United States, Europe, Systems Solutions, Group Development, as well as Group Headquarters and Group Services. The Germany segment comprises fixed-network and mobile activities for consumers and business customers in Germany, as well as telecommunications services for carriers. The United States segment combines mobile activities in the U.S. market. The Europe segment includes fixed-network and mobile operations of the national companies in Greece, Romania, Hungary, Poland, the Czech Republic, Croatia, Slovakia, Austria, North Macedonia, and Montenegro. The Systems Solutions segment offers integrated products and solutions to business customers. The Group Development segment manages entities, subsidiaries, and equity investments. The Group Headquarters and Group Services segment pertains to other Group units and focuses on technology and innovation. The company was founded on January 1, 1995 and is headquartered in Bonn, Germany.
Deutsche Telekom AG stock price
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About Deutsche Telekom AG
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The Wall Street Journal revealed on Monday that SoftBank Group Corp. (TYO: 9984) is negotiating with Deutsche Telekom AG (ETR: DTE) to sell a sizeable chunk of its investment in T-Mobile U.S. Deutsche Telekom currently has a controlling stake in the American wireless network operator. As per the newspaper, following the agreement, Deutsche Telekom’s investment in T-Mobile U.S will expand by 50%. In April, T-Mobile also finalised its merger with...
Deutsche Telekom (ETR: DTE) released its quarterly financial results on Thursday that posted upbeat revenue and profit for the first quarter. The company attributed its success to growth in both of its primary markets, Germany and the United States. The German company reported its net profit in Q1 at £810.65 million that came in stronger than £796.50 million in the same quarter last year. In terms of adjusted earnings before interest, taxes, depr...
Deutsche Telekom shares are lower Monday, amid news it has agreed a partnership with Telefonica Deutschland ahead of the German 5G auction, in 2019.
Deutsche Telekom shares are higher as its subsidiary, T-Mobile announced its US 5G network plans, at Barcelona event.
Deutsche Telekom shares were trading lower, Friday. The telecoms business confirmed it had entered an agreement to buy Liberty Global’s Austrian cable business, UPC Austria, for €1.9 billion. News of the deal comes soon after Deutsche Bank analysts set a price target of €18.60 on the stock.
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