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Global 500

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90

Deutsche Telekom

DTEGY

Germany

The Bonn-based German telecommunications company jumped 12 spots on the Global 500 this year. It is one of the largest telecoms in the world, reporting nearly $76.8 billion in revenue in 2015. The company is currently looking to sell thousands of its German cell phone towers in what could be a $5.5 billion deal, as it plans to free up funds to invest in its European networks. Additionally, Deutsche Telekom appears to be expanding its scope and moving into the automotive industry. The company recently announced that it is working with several car companies, including Toyota and Audi, on LTE-V technology, which is the application of LTE in the development of autonomous vehicles.

CEO

Timotheus Höttges

Sector

Telecommunications

Industry

Telecommunications

HQ Location

Bonn, Germany

Employees

226,000

Years on Global 500 List

22

Figures prepared in accordance with International Accounting Standards.
Key Financials (last fiscal year)
($ Millions)% change
Revenues ($M)$76,793-7.6%
Profits ($M)$3,610-6.9%
Assets ($M)$156,326
Total Stockholder Equity ($M)$31,934
Profit Ratios
Profit as % of Revenues4.7%
Profits as % of Assets2.3%
Profits as % of Stockholder Equity11.3%
STOCK QUOTE
()0.00 0.00 (0)
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  • 52 Week Change %: 0.00
  • P/E Ratio: n/a
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