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  • Previous Rank102
  • Revenues ($M)$76,793
  • Revenue Percent Change-7.6%
  • Profits ($M)$3,610
  • Profits Percent Change-6.9%
  • Assets ($M)$156,326
  • Employees226,000

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.

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Company Information

CEO
Timotheus Höttges
Sector
Telecommunications
Industry
Telecommunications
HQ Location
Bonn, Germany
Employees226,000
Websitehttp://www.telekom.com
Years on Global 500 List22
Figures prepared in accordance with International Accounting Standards.

Deutsche Telekom Rank History

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%