Revenue of Deutsche Telekom worldwide 2005-2023

The German telecommunications giant Deutsche Telekom has had a remarkable journey in the global telecommunications industry that saw its revenues nearly double across the previous decade. The company’s revenues increased dramatically in 2020 by over ** percentage points. This was partially due to T-Mobile’s major acquisition of Sprint in the U.S., as the former is wholly owned by Deutsche Telekom. The company’s revenue amounted to *** billion euros in 2023, representing only a minimal decrease compared to 2022.

DT reports record profits

Digging deeper, most of Deutsche Telekom’s revenues come from its North American operations, where the region accounted for ** percent of the company’s total revenues in 2023. When it came to profit, DT reported a record net income of **** billion euros in 2023, more than twice as much net income reported in the previous year.

DT as a global leader

Not only does Deutsche Telekom reign supreme within its national borders, but it also boasts an impressive reputation on a global scale. Further solidifying its global reach, Deutsche Telekom holds one of the highest market capitalizations among telecommunication companies. Deutsche Telekom’s brand was also ranked as the third-most valuable brand globally in the telecom industry.