Highlights
For further information on these and other events, please refer to our media information.
For comprehensive information on the T-Share, please visit our Investor Relations website.
Transactions
Deutsche Telekom AG’s share buy-back program. Since January 3, 2024, Deutsche Telekom AG has been buying back shares as part of a buy-back program. The buy-back of up to a total volume of EUR 2 billion will be carried out in several tranches through December 31, 2024. As of March 31, 2024, Deutsche Telekom AG had bought back around 21 million shares with a total volume of around EUR 0.5 billion.
For detailed information on the 2024 share buy-back program, please refer to our Investor Relations website.
Sale of T‑Mobile US shares by Deutsche Telekom. Since January 2, 2024, Deutsche Telekom has been selling a portion of its T‑Mobile US share portfolio on the market, without jeopardizing its own majority ownership position in T‑Mobile US. As of March 31, 2024, Deutsche Telekom had sold around 12 million T‑Mobile US shares with a total volume of around EUR 1.8 billion.
T‑Mobile US’ shareholder return program from September 2023 continued. On September 6, 2023, T‑Mobile US announced a USD 19 billion shareholder return program comprising share buy-backs and dividends to be paid out, due to run through December 31, 2024. In the first quarter of 2024, T‑Mobile US’ Board of Directors declared a second and third cash dividend of USD 0.65 per share each and additional shares were bought back.
For further information on these transactions, please refer to the section “Development of business in the Group” in the interim Group managment report and the section “Other transactions that had no effect on the composition of the Group” in the interim consolidated financial statements.
Network build-out
Germany. As of the end of the first quarter of 2024, our 5G network was available to 96.5 % of the German population, and a total of 8.2 million households and companies can subscribe to a fiber-optic line with us.
For further information on the network build-out in Germany, including WhatsApp channel, please refer to our media report (German only).
Europe. As of the end of the first quarter of 2024, our national companies covered on average 68.2 % of the population in our European footprint with 5G, and a total of 9.3 million households can access our fiber-optic network offering gigabit speeds.
Cooperations, partnerships, and major deals
Fiber-optic cooperations. In the first quarter of 2024, we entered into a partnership with ANTEC Servicepool to jointly provide around 70,000 households of housing companies and owners of buildings across Germany with a fiber-optic line. We also entered into a partnership agreement with communications provider Kabel + Sat Bergen concerning the fiber-optic network – which was built with public funds – of the utilities association Zweckverband Wasserversorgung und Abwasserbehandlung Rügen. It’s our first collaboration of this kind and is set to benefit some 11,000 households on the island of Rügen.
Products, rate plans, and services
Mobile World Congress (MWC) 2024. Under our brand claim “Connecting your world,” the technologies and innovations we presented at the MWC in Barcelona from February 26 to 29, 2024 mainly related to artificial intelligence (AI). With Magenta AI, we offered a look into the future: on the basis of three design studies, Concept T showed how new technologies can be melded with a traditional router. Together with Qualcomm and Brain.ai, we presented an innovative phone concept: a smartphone without apps, which instead uses an AI-based assistant. For the showcase, real use cases were integrated into our already available T Phone.
For further information, please refer to our media report.
MagentaTV 2.0. Since February 15, 2024, our refined MagentaTV has combined all relevant TV content and streaming services on one platform. The new features include a clearer design, a customizable user interface, a significantly faster platform, and a search function that also supports voice commands.
IoT rate plans for satellite connectivity. Since the end of February 2024, we have been offering connectivity via satellite commercially for the first time, together with our partners Intelsat and Skylo. Customers can choose from two plan packages, each combining terrestrial and satellite-based connectivity. The interaction of all mobile services takes place on the T IoT Hub platform.
For further information, please refer to our media report.
Environment, Social, and Governance
Voluntary reports. Our CR Report illustrates the progress we made in 2023 with our activities and efforts to become more sustainable. Our 2023 HR Factbook offers an extensive insight into the diversity of employees, their skills and potential.
Awards
Brand. BrandZ again rated Deutsche Telekom the most valuable German brand with a brand value of USD 73.5 billion in its February 2024 study Top50 Most Valuable German Brands. Deutsche Telekom remains Europe’s most valuable company brand according to the Brand Finance Global 500 study published in January 2024 and made it into the top 10 most valuable brands worldwide.
Networks. Our national companies in Europe once again received accolades for their networks in the first quarter of 2024, including the Ookla® Speedtest Award™ for the fastest mobile network in the Czech Republic (Czech only) and Austria (German only), and the Best in Test Award by Umlaut for the best mobile and fixed network in Croatia.
Service. In March 2024, we were once again the outright winner of industry magazine Connect’s mobile hotline test (German only), scoring top marks for our availability, friendliness, and quality of information. We have also received another TÜV seal of quality (German only) for customer satisfaction, awarded on the basis of responses given by our customers to questions on the competence, reliability, and friendliness of our services in a survey conducted by the testing service provider TÜV Rheinland in February 2024.
Business Customers. We are overall winner of the Connect customer barometer mobile B2B Germany 2024 (German only), convincing business customers in particular in the “brand/provider,” “network,” and “app” categories.
For information on awards for responsible corporate governance, please refer to our website and our 2023 CR Report.