5. About Deutsche Telekom

    Deutsche Telekom AG (DE0005557508, FWB: [http://deutsche-boerse.com/dbag/dispatch/en/isg/gdb_navigation/home?module=InOverview_Equi℘=DE0005557508&wpbpl;=FSE&foldertype;=_Equi〈=en&wplist;=DE0005557508×pan;=1d&view;=InOverview_Equi DTE], DT, DEU, 9496) (English translation: German Telecom) (abbreviated DTAG) is a telecommunications company headquartered in Bonn, Germany. It is the largest telecommunications company in Germany and in the EU.

    Deutsche Telekom was formed in 1996 as the former state-owned monopoly Deutsche Bundespost was privatized. As of 2005, the German government still holds a 15.7% stake in company stock directly, and another 14% through the government bank KfW. 4.5% of the company is owned by the Private equity firm Blackstone Group.

    The former CEO Kai-Uwe Ricke was ousted by the board of the company because of slumping sales and the flight of customers to cheaper competitors. More than 1.5 million customers changed to rival companies during 2005 and 2006 and as a result, Deutsche Telekom laid off more than 30,000 workers. The new CEO was announced on November 12 2006 after a long-night board session: René Obermann, the former CEO of T-Mobile International.

    The predecessor of Ricke, Ron Sommer chairman of Deutsche Telekom since 1995 to 2002, was ousted because of the drop of the share of the Deutsche Telekom in 2002. On the height of the "dot-com-bubble", the share was over €100 and fell significantly to about €12/share during a couple of months. Sommer said that "he had some opinion-based difficulties between him and board of the Telekom".

  7. About Deutsche Telekom

    Deutsche Telekom AG (DE0005557508, FWB: [http://deutsche-boerse.com/dbag/dispatch/en/isg/gdb_navigation/home?module=InOverview_Equi℘=DE0005557508&wpbpl;=FSE&foldertype;=_Equi〈=en&wplist;=DE0005557508×pan;=1d&view;=InOverview_Equi DTE], DT, DEU, 9496) (English translation: German Telecom) (abbreviated DTAG) is a telecommunications company headquartered in Bonn, Germany. It is the largest telecommunications company in Germany and in the EU.

    Deutsche Telekom was formed in 1996 as the former state-owned monopoly Deutsche Bundespost was privatized. As of 2005, the German government still holds a 15.7% stake in company stock directly, and another 14% through the government bank KfW. 4.5% of the company is owned by the Private equity firm Blackstone Group.

    The former CEO Kai-Uwe Ricke was ousted by the board of the company because of slumping sales and the flight of customers to cheaper competitors. More than 1.5 million customers changed to rival companies during 2005 and 2006 and as a result, Deutsche Telekom laid off more than 30,000 workers. The new CEO was announced on November 12 2006 after a long-night board session: René Obermann, the former CEO of T-Mobile International.

    The predecessor of Ricke, Ron Sommer chairman of Deutsche Telekom since 1995 to 2002, was ousted because of the drop of the share of the Deutsche Telekom in 2002. On the height of the "dot-com-bubble", the share was over €100 and fell significantly to about €12/share during a couple of months. Sommer said that "he had some opinion-based difficulties between him and board of the Telekom".

  1. Deutsche Telekom

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      IEEE's 802.3ba standard sets stage for 40, 100 Gbps Ethernet .... "We had a lot of key individuals coming in from key companies, including Google (NasdaqGS: GOOG), Deutsche Telekom (Other OTC: DTEGY.PK), AT&T (NYSE: T), Verizon (NYSE: VZ), NTT (NYSE: NTT) and the New York Stock E... (Read Full Article)

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  2. Deutsche Telekom

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    1-13 of 13

    1. Mentioned In 13 Articles

    2. What Impact Will Open Flow Have on Carrier Ethernet?

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      What Impact Will Open Flow Have on Carrier Ethernet? ...organization has some heavy hitters among its members, including service providers such as Comcast, Deutsche Telekom, NTT Communications, Time Warner, and Verizon; as well as manufacturers such as Cisco, Hewlett Pack... (Read Full Article)

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      Explore Global Telecoms Business (Jan 12 2012) Mobile Backhaul

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      Comment Mentions:   Deutsche Telekom   Telefónica O2

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      Explore FierceWireless (Nov 30 2011) Mobile Backhaul

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      Comment Mentions:   Deutsche Telekom   France Telecom

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      Comment Mentions:   Deutsche Telekom   Level (3)

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      Comment Mentions:   Deutsche Telekom   Tata   Heavy Reading

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      Comment Mentions:   Deutsche Telekom   France Telecom

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      Explore FierceTelecom (Apr 18 2011) Business Ethernet , Global

      While it appears that a big focus of the venture is around wireless, it's not hard to imagine that the joint venture could have a great impact on the wireline. Both service providers have continued to ramp up their deployments of Fiber to the X in addition to business-based Carrier Ethernet services in their respective homelands and internationally. (Read Full Article)

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      Comment Mentions:   Deutsche Telekom   IEEE   Metro Ethernet Forum

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      Comment Mentions:   Congress   Deutsche Telekom   Time Warner Cable

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