Hamburg Deutsche Telekom is currently one of the most interesting groups in Germany. However, this is hardly noticed in public. Even the title “former state-owned company” usually kills any fantasy of esprit and dynamism.
The board of directors around its chairman Timotheus Höttges is now running on hotter tires than most Germans imagine. This trend accelerated again last year. Without the participation of the Federal Republic, which still holds more than 30 percent of the shares, the just about solid credit rating (Standard & Poor’s: BBB) would probably be in danger in the medium term.
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