War in Ukraine
Deutsche Telekom’s business activities and hence its results of operations and financial position are not significantly impacted by the consequences of the war in Ukraine. Deutsche Telekom does not operate any networks in Russia or Ukraine. Neither would a stop on gas deliveries from Russia directly impact on the Group’s network operations. Deutsche Telekom is discontinuing its developer activities in Russia. Possible future effects on the measurement of individual assets and liabilities are being analyzed on an ongoing basis. It is not yet possible to assess with certainty how Deutsche Telekom will be indirectly affected, in particular by the impact on the global economy. The overall economic outlook has deteriorated significantly as a result of the extensive sanctions, the limitations on trade in goods, and rising energy prices.