In January, the T-Share rose above the EUR 20 mark for the first time in decades.
Hamburg On January 10, the time had come: Deutsche Telekom’s share price rose above 20 euros for the first time in more than 22 years. For the management team, it was like breaking through an invisible wall. To celebrate the day, CEO Timotheus Höttges posted a jubilant post on the LinkedIn careers network. A “historical moment”, according to Höttges.
Some telecom managers have been wondering for a long time when the market would react to the recent successes. Deutsche Telekom is currently making more money than ever before and is now worth over 100 billion euros on the stock exchange. And Höttges, who prides himself on never being satisfied, still sees plenty of “room for improvement”.
The records are mainly due to the successes of USA board member and chief investor Thorsten Langheim. The ex-Blackstone man polished stake after stake until the gold emerged. Above all, the subsidiary T-Mobile US.
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