Deutsche Telekom AG ADR

Deutsche Telekom is the incumbent telecom operator in Germany and remains the dominant player in both mobile and fixed markets. It also owns a controlling stake in T-Mobile us-one of three primary wireless carriers in the United States-which merged with Sprint in 2020, consolidating the market. Aside from its two core markets, Deutsche Telekom also has operations in several Central European countries and holds an IT arm (Systems Solutions) and a tower business (GD Towers).