Highlights

For further media information releases, please refer to our website.

For comprehensive information on the T‑Share and on our shareholder structure, please visit our Investor Relations website.

Developments at senior management level

The Supervisory Board resolved on March 23, 2026 to terminate Dr. Abdurazak Mudesir’s position as the Board of Management member for the Product and Technology Board department and to approve his termination agreement effective March 31, 2026. Dr. Mudesir leaves the company at his own request. Dr. Christian Illek is temporarily assuming Dr. Mudesir’s duties alongside his role as Chief Financial Officer until a successor is found.

Guidance raised for the 2026 financial year

We are raising our guidance for adjusted EBITDA AL and free cash flow AL of the Group for the 2026 financial year. Instead of around EUR 47.4 billion, we now expect to post adjusted EBITDA AL of around EUR 47.5 billion. And instead of the previous level of around EUR 19.8 billion, we now expect to post free cash flow AL of more than EUR 19.8 billion.

Transactions

Deutsche Telekom AG’s 2026 share buy-back program. Since January 5, 2026, Deutsche Telekom AG has been buying back shares as part of a buy-back program. As of March 31, 2026, Deutsche Telekom AG had bought back 15.6 million shares with a total volume of EUR 0.5 billion.

For further information on the 2026 share buy-back program, please refer to our Investor Relations website.

T‑Mobile US’ 2026 shareholder return program. On December 11, 2025, T‑Mobile US had announced a shareholder return program comprising share buy-backs and dividends to be paid out. As of March 31, 2026, T‑Mobile US had bought back 23.3 million shares with a total volume of USD 4.9 billion (EUR 4.2 billion) and paid out cash dividends of USD 1.1 billion (EUR 1.0 billion).

On April 23, 2026, T‑Mobile US announced that its Board of Directors had authorized an increase in the total volume of the program to up to USD 18.2 billion.

For further information on these transactions, please refer to the section “Development of business in the Group” in the interim Group management 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 March 31, 2026, our 5G network was available to around 99 % of the German population, and a total of 13.0 million households and companies can subscribe to a fiber-optic line with us.

For information on our 2026 Networks Day, please refer to our media report (German only).

Europe. As of March 31, 2026, our national companies covered on average 92.3 % of the population in our European footprint with 5G, and a total of 11.5 million households can access our fiber-optic network offering gigabit speeds.

Events

Mobile World Congress (MWC) 2026. At MWC in Barcelona from March 2 to 5, 2026, we showcased a number of AI‑based services and new technologies under the headline theme “Magenta AI at Scale. Human at Heart” including an AI‑powered call assistant in the network (Magenta AI Call Assistant), cloud solutions, digital sovereignty (Industrial AI Cloud), and the latest developments in 6G and the quantum internet.

For further information, please refer to our topic special.

Cooperations, partnerships, and major deals

Fiber cooperation with Glasfaser Ruhr. The latest expansion of our existing partnership with Glasfaser Ruhr will enable us to create the basis for high-performance digital infrastructure together. We are aiming to give a total of around 60 thousand additional homes in Bochum the option to subscribe to our products on the Glasfaser Ruhr network by the end of 2029. In addition to the approximately 30 thousand lines already available from us at the start of the partnership, a further 30 thousand are set to be added in stages.

Industrial AI Cloud with Nvidia. In February 2026, together with Nvidia, we began operating the first Industrial AI Cloud for European manufacturers on German soil. We provide secure, sovereign, and fast infrastructure and deliver data center operations, sales, and security. The GPUs (graphics processing units) and hardware come from Nvidia.

For further information, please refer to our media report.

Starlink satellite-to-mobile connectivity. In collaboration with Starlink, we plan to launch a direct-to-device service in several European telecommunications markets, including Germany, by early 2028 at the latest. We will expand our network coverage through satellite-based direct connectivity (satellite-to-mobile) from Starlink to bring mobile communications to areas where terrestrial network expansion is impossible or particularly challenging, for example due to nature conservation requirements.

For further information, please refer to our media report.

Partnership with Telekom Baskets Bonn. We are extending our partnership with Telekom Baskets Bonn through to 2028. The decision to extend the contract was based on a successful and trusting partnership established over several years. Our basketball sponsorship program is primarily focused on promoting the sport at top-tier level, as well as on talent development and fan experiences.

Products, rate plans, and services

Satellite internet access for business customers. In spring 2026, we launched the new service “Satellite Internet Access by Starlink” for corporate customers and public sector organizations. Satellite-based broadband internet will deliver essential stability for time-sensitive and business-critical operations at locations with insufficient terrestrial coverage. Our turnkey service includes installation, network connection, and support.

For further information, please refer to our media report.

Premiere of our Magenta AI Call Assistant. Our Magenta AI Call Assistant is an AI‑supported service that will be directly embedded in our network. Customers will be able to activate the smart assistant during live calls for support including real-time translation, conversation summaries, and contextual assistance such as answering questions. These capabilities arrive first for customers in Germany starting this year.

For further information, please refer to our media report.

Expansion of T Cloud Public. We continue to transform our T Cloud Public into a European public cloud platform focused on digital sovereignty. The platform offers standardized cloud services and is designed to work with scalable applications as well as with AI workloads. The goal is to offer a fully-fledged high-tech alternative to international providers that meets European sovereignty requirements.

For further information, please refer to our media report.

Awards

For information on our awards for responsible corporate governance, please refer to our website.