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Deutsche Telekom AG (abbreviated DT, English: German Telecom) is a German telecommunications company headquartered in Bonn. Deutsche Telekom was formed in 1996 as the former state-owned monopoly Deutsche Bundespost was privatized. As of June 2008, the German government still holds a 15% stake in company stock directly, and another 17% through the government bank KfW. The company is a component of the Euro Stoxx 50 stock market index.
Deutsche Telekom has owned a stake in T-Mobile USA, Inc. since 2001. T-Mobile USA, Inc. became a wholly-owned subsidiary of T-Mobile US, Inc., one of the largest wireless carriers in the Unites States in April 2013.
T-Mobile’s 4G LTE network – America’s Fastest – continues to expand, covering 265 million people at the end of 2014, exceeding the original year-end target of 250 million.
The Company is targeting coverage of 300 million people by year-end 2015. T-Mobile US, Inc. has been trading on the New York Stock Exchange since 2013 under the ticker symbol TMUS.
T-Mobile USA and the American company MetroPCS combined operations on May 1, 2013. The merger quickly began driving growth for the Group. The Group recorded significant customer growth on the back of its successful “uncarrier” strategy.
T-Systems North America (TSNA) is Deutsche Telekom’s business unit serving its North American corporate customers. Using a worldwide infrastructure of data centers and networks, T-Systems operates information and communication technology (ICT) systems for multinational organizations and public institutions. Leading companies in the automotive industry to healthcare, energy, media, telecommunications, finance, retail, services, and manufacturing industries look to T-Systems for unparalleled technology service and solution offerings.