Highlights
For further media information releases, please refer to our website.
For comprehensive information on the T-Share, please visit our Investor Relations website.
Developments at senior management level
On January 27, 2025, the Supervisory Board resolved to reappoint Timotheus Höttges as Chair of the Board of Management prematurely for the period from February 1, 2025 until December 31, 2028. In the same meeting, the Supervisory Board approved the termination of Srini Gopalan’s Board position effective February 28, 2025, and appointed Rodrigo Diehl to the Board of Management as the member responsible for the Germany Board department for the period from March 1, 2025 to February 29, 2028.
For further information, please refer to our media report.
Guidance raised for the 2025 financial year
We are raising our guidance for adjusted EBITDA AL and free cash flow AL of the Group for the 2025 financial year. Instead of around EUR 44.9 billion, we now expect to post adjusted EBITDA AL of around EUR 45.0 billion. Instead of the previous level of around EUR 19.9 billion, we now expect to post free cash flow AL of around EUR 20.0 billion.
Transactions
Deutsche Telekom AG’s share buy-back program. Since January 3, 2025, 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, 2025. As of March 31, 2025, Deutsche Telekom AG had bought back around 13 million shares with a total volume of EUR 0.4 billion.
For further information on the 2025 share buy-back program, please refer to our Investor Relations website.
T‑Mobile US’ 2025 shareholder return program. On December 13, 2024, T‑Mobile US announced a USD 14 billion shareholder return program comprising share buy-backs and dividends to be paid out, due to run through December 31, 2025. In the first quarter of 2025, T‑Mobile US bought back around 10 million shares with a total volume of USD 2.5 billion (EUR 2.4 billion) and paid out a cash dividend of USD 1.0 billion (EUR 1.0 billion).
Deutsche Telekom’s sales plan for T‑Mobile US shares. On March 14, 2025, Deutsche Telekom announced plans to sell a portion of its T‑Mobile US share portfolio on the market in the period from June to September 2025, without jeopardizing its own majority ownership position in T‑Mobile US. The precise number of T‑Mobile US shares that Deutsche Telekom plans to sell is yet to be decided.
Acquisition of Vistar Media in the United States. On February 3, 2025, T‑Mobile US consummated the acquisition of Vistar Media, a provider of technology solutions for digital out-of-home advertisements. All necessary regulatory approvals had been duly granted and all other closing conditions met.
Acquisition of Blis in the United States. On March 3, 2025, T‑Mobile US consummated the acquisition of Blis, a provider of advertising solutions. All necessary regulatory approvals had been duly granted and all other closing conditions met.
Acquisition of Lumos in the United States. On April 1, 2025, T‑Mobile US consummated the acquisition of the fiber-to-the-home platform Lumos as part of a joint venture. All necessary regulatory approvals had been duly granted and all other closing conditions met.
For further information on these transactions, please refer to the sections “Development of business in the Group” and “Group organization, strategy, and management” and to the interim Group management report, and the sections “Changes in the composition of the Group and other transactions” and “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 March 2025, our 5G network was available to 98.3 % of the German population, and a total of 10.5 million households and companies can subscribe to a fiber-optic line with us.
Europe. As of the end of March 2025, our national companies covered on average 79.0 % of the population in our European footprint with 5G, and a total of 10.4 million households can access our fiber-optic network offering gigabit speeds.
Events
Mobile World Congress (MWC) 2025. At MWC in Barcelona from March 3 to 6, 2025, we spotlighted technologies and innovations in the worlds of artificial intelligence (AI) and connectivity under the headline theme “Shaping technology for all.” The centerpieces of our stand were our AI phone and further products and services with Magenta AI.
For further information, please refer to our media special.
Cooperations, partnerships, and major deals
Fiber-optic cooperations. In the first quarter of 2025, we entered into further fiber cooperations with regional public utility companies. These include an agreement with Stadtnetz Bamberg, the regional provider for the city of Bamberg, on the rollout of fiber to over 50 thousand households and business locations city-wide over the coming years. The first households are expected to benefit from the joint coverage within a matter of months.
T‑Systems builds toll system. T‑Systems Road User Services GmbH, together with the French electronics and automation company Grenobloise d’Electronique et d’Automatismes (GEA), has won the contract to set up and operate a satellite-based system for truck tolling on the north-south axis in Alsace. The client is the administration of the Alsace region, the European Community of Alsace (Collectivité Européenne d’Alsace). The contract has a term of eight and a half years.
For further information, please refer to our media report.
Products, rate plans, and services
AI for enterprises. T‑Systems has added AI Foundation Services to its product portfolio. These services provide companies with a private and secure development, testing, and production environment that meets the strictest data security and privacy requirements. AI models and services are pre-configured, ready for immediate use, and form the basis for enterprise-wide scaling of AI solutions across different business units and regions.
For further information, please refer to our media report.
Telekom Unlimited – new mobile rate plans with unlimited data. Our new Unlimited rate plans have been available to subscribe to in Germany since April 1, 2025. Customers with the MagentaMobil M and L rate plans already benefit from the double Unlimited effect from the very first additional SIM card – the main and additional SIM cards automatically come with unlimited data, and the same goes for every additional SIM card on top. Customers who have both a fixed-network and mobile contract with us get the double Unlimited effect starting from the S rate plan.
Magenta Moments with Perplexity Pro. Our aim is for everyone to be able to get to know and experience the advantages of AI. For this reason we offer our consumers access to the AI search engine Perplexity Pro as part of our Magenta Moments loyalty program. In Germany, the access to the AI tool can be activated in the MeinMagenta app free of charge for one year. Our national companies in, e.g., Austria, Croatia, and Poland are also continually rolling out Perplexity for their customers.
Awards
Brand. In the Brand Finance Global 500 study from January 2025, Deutsche Telekom retains its top position as Europe’s most valuable company brand and the most valuable telco brand worldwide. The study puts our brand value at USD 85.3 billion, the highest in our 30-year history.
Networks. In the first quarter of 2025, T‑Mobile US’ wireless network is once again crowned the best in the United States in independent network tests. In January 2025, the Ookla Speedtest Connectivity Report confirms T‑Mobile US as the United States’ leading network provider in terms of speed and performance. Our national companies also continue to lead in network quality with the accolades to prove it, including taking the top spot in the Ookla® Speedtest Awards™ for the fastest internet in Austria (German only).
For information on our awards for responsible corporate governance, please refer to our website.