Latest news with #DeutscheTelekom
Phone Arena
3 days ago
- Business
- Phone Arena
Multi-billionaire owns company with a $20 billion stake in T-Mobile
Here's an interesting fact about T-Mobile that you might not know. Japanese investment holding company SoftBank, founded and run by Masayoshi Son (number 60 on the list of billionaires with $28.8 billion to his name) holds $20.4 billion worth of T-Mobile shares. As of this month, SoftBank owned 85.4 million T-Mobile shares or 7.64% of the carrier making it the second-largest stockholder of the company after the 51.54% owned by Deutsche Telekom. After T-Mobile closed on its purchase of Sprint on April 1st, 2020, all of SoftBank's Sprint shares were converted into 24% of T-Mobile , or 277.2 million shares. SoftBank received an additional 48.8 million shares of T-Mobile when a condition related to T-Mobile 's stock price was met in December 2023. The shares were to be given to SoftBank if T-Mobile 's shares hit $150 or above for a sustained period of time before the end of 2025. T-Mobile 's shares stayed above $150 for a sustained period around December 2023 triggering the release of the additional 48.8 million shares to SoftBank. The Japanese holding company has since reduced its stake in T-Mobile over time. As for Charlie Ergen, he finally got his wireless business. When T-Mobile bid $26 billion to acquire Sprint in 2018, it had to get regulatory approval from the FCC and the Justice Department. Both wanted another carrier to replace Sprint as the nation's fourth largest. A deal was made and T-Mobile sold all of Sprint's pre-paid assets including 9.3 million customers, Boost's retail network, employees, and plans to Dish Network. Dish also signed a seven-year MVNO deal with T-Mobile allowing its customers to use T-Mobile 's 5G network while Dish built its own standalone 5G network. At the end of 2023, EchoStar bought Dish giving that company control of Boost, which is still struggling to get traction as a major U.S. wireless provider. In a very competitive business, Boost has yet to generate excitement among consumers. Meanwhile, it seems likely that Deutsche Telekom will continue adding to its T-Mobile stake by buying more shares from SoftBank. In 2024, Deutsche exercised all of the call options on T-Mobile it had obtained from SoftBank and added 44.9 million shares to its holdings. Switch to Total 5G+ Unlimited 3-Month plan or Total 5G Unlimited and get a free iPhone. We may earn a commission if you make a purchase This offer is not available in your area.
Mint
6 days ago
- Business
- Mint
German consortium in talks to build AI data centre, Telekom says
FRANKFURT (Reuters) -Deutsche Telekom has teamed up with SAP, web hosting firm Ionos and unlisted retailer Schwarz to seek European Union support to build a data processing centre for artificial intelligence in Germany, it said on Tuesday. The European Commission this year unveiled plans to provide $20 billion in funding to construct AI data centres to catch up with the U.S. and China. You may be interested in Newspaper Handelsblatt reported on Tuesday that the consortium is in talks to build one of the five centres, known as AI gigafactories, the EU plans to support. "The window of opportunity to create our own independent infrastructure for this is now," Christine Knackfuss-Nicolic, chief technology officer of Deutsche Telekom's T-Systems division, told Reuters, adding that the company is seeking a leading role. "Rarely before have the signs and the common will in Europe been as strong as they are today." The EU project, intended to enable the bloc to create its own AI models, will face challenges ranging from obtaining chips to finding suitable sites and electricity. Under a government coalition agreement struck earlier this year, German Chancellor Friedrich Merz's conservatives and the Social Democrats said they aimed to have at least one of the centres built in Germany. Handelsblatt said the deadline to provide initial expressions of interest to the EU is June 20. Ionos told Reuters it is holding talks about a German AI gigafactory with several companies and the German government. "In principle, we see the European Commission's initiative as an important step towards greater digital sovereignty, and are interested in participating in it," the company said, adding that several questions remain. SAP and Schwarz did not immediately respond to a request for comment. (Reporting by Ludwig Burger, editing by Friederike Heine, Thomas Seythal and Jan Harvey)
Reuters
6 days ago
- Business
- Reuters
German consortium in talks to build AI data centre, Handelsblatt reports
FRANKFURT, May 27 (Reuters) - Germany's SAP ( opens new tab, Deutsche Telekom ( opens new tab, web hosting firm Ionos ( opens new tab and unlisted retailer Schwarz are vying for European Union support to build a large data processing centre for artificial intelligence, the Handelsblatt newspaper reported on Tuesday. The consortium is in intensive negotiations to build one of the five data centres, known as AI gigafactories, that the EU plans to support, the paper said, citing industry executives. The companies did not immediately respond to emailed requests for comment from Reuters. The European Commission plans to provide $20 billion in funding to construct AI data centres to catch up with the U.S. and China. The project, intended to enable the bloc to create its own AI models, will face challenges ranging from obtaining chips to finding suitable sites and electricity. Under the government coalition agreement, opens new tab between German Chancellor Friedrich Merz's conservatives and the Social Democrats, the partners earlier this year said they aimed to have at least one such centre built in Germany. Handelsblatt said the deadline to provide initial expressions of interest to the EU is June 20.
Yahoo
22-05-2025
- Business
- Yahoo
Investors Shouldn't Be Too Comfortable With Deutsche Telekom's (ETR:DTE) Earnings
Deutsche Telekom AG (ETR:DTE) just reported some strong earnings, and the market reacted accordingly with a healthy uplift in the share price. We did some analysis and think that investors are missing some details hidden beneath the profit numbers. We've discovered 2 warning signs about Deutsche Telekom. View them for free. For anyone who wants to understand Deutsche Telekom's profit beyond the statutory numbers, it's important to note that during the last twelve months statutory profit gained from €2.1b worth of unusual items. While it's always nice to have higher profit, a large contribution from unusual items sometimes dampens our enthusiasm. When we analysed the vast majority of listed companies worldwide, we found that significant unusual items are often not repeated. And, after all, that's exactly what the accounting terminology implies. If Deutsche Telekom doesn't see that contribution repeat, then all else being equal we'd expect its profit to drop over the current year. That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates. Arguably, Deutsche Telekom's statutory earnings have been distorted by unusual items boosting profit. Because of this, we think that it may be that Deutsche Telekom's statutory profits are better than its underlying earnings power. But on the bright side, its earnings per share have grown at an extremely impressive rate over the last three years. The goal of this article has been to assess how well we can rely on the statutory earnings to reflect the company's potential, but there is plenty more to consider. With this in mind, we wouldn't consider investing in a stock unless we had a thorough understanding of the risks. When we did our research, we found 2 warning signs for Deutsche Telekom (1 makes us a bit uncomfortable!) that we believe deserve your full attention. This note has only looked at a single factor that sheds light on the nature of Deutsche Telekom's profit. But there is always more to discover if you are capable of focussing your mind on minutiae. For example, many people consider a high return on equity as an indication of favorable business economics, while others like to 'follow the money' and search out stocks that insiders are buying. So you may wish to see this free collection of companies boasting high return on equity, or this list of stocks with high insider ownership. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
22-05-2025
- Business
- Yahoo
Investors Shouldn't Be Too Comfortable With Deutsche Telekom's (ETR:DTE) Earnings
Deutsche Telekom AG (ETR:DTE) just reported some strong earnings, and the market reacted accordingly with a healthy uplift in the share price. We did some analysis and think that investors are missing some details hidden beneath the profit numbers. We've discovered 2 warning signs about Deutsche Telekom. View them for free. For anyone who wants to understand Deutsche Telekom's profit beyond the statutory numbers, it's important to note that during the last twelve months statutory profit gained from €2.1b worth of unusual items. While it's always nice to have higher profit, a large contribution from unusual items sometimes dampens our enthusiasm. When we analysed the vast majority of listed companies worldwide, we found that significant unusual items are often not repeated. And, after all, that's exactly what the accounting terminology implies. If Deutsche Telekom doesn't see that contribution repeat, then all else being equal we'd expect its profit to drop over the current year. That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates. Arguably, Deutsche Telekom's statutory earnings have been distorted by unusual items boosting profit. Because of this, we think that it may be that Deutsche Telekom's statutory profits are better than its underlying earnings power. But on the bright side, its earnings per share have grown at an extremely impressive rate over the last three years. The goal of this article has been to assess how well we can rely on the statutory earnings to reflect the company's potential, but there is plenty more to consider. With this in mind, we wouldn't consider investing in a stock unless we had a thorough understanding of the risks. When we did our research, we found 2 warning signs for Deutsche Telekom (1 makes us a bit uncomfortable!) that we believe deserve your full attention. This note has only looked at a single factor that sheds light on the nature of Deutsche Telekom's profit. But there is always more to discover if you are capable of focussing your mind on minutiae. For example, many people consider a high return on equity as an indication of favorable business economics, while others like to 'follow the money' and search out stocks that insiders are buying. So you may wish to see this free collection of companies boasting high return on equity, or this list of stocks with high insider ownership. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
