Deutsche Telekom (DTE) AGM 2026 summary

Opening remarks and agenda

• The AGM was opened with a welcome to shareholders, board members, and guests, outlining the agenda and organizational details, including voting procedures and access to documents.

• The meeting was held in person in Bonn, with full attendance from the management board and nearly all supervisory board members.

• Shareholders were informed about the publication of the agenda, resolutions, and counter-motions, and the meeting was broadcast live online.

Financial performance review

• Revenue increased by 4.2% to EUR 119.1 billion, adjusted EBITDA AL rose by 4.7% to EUR 44.2 billion, and adjusted net income grew by 3.97% to EUR 9.7 billion.

• Free cash flow reached EUR 19.5 billion, and earnings per share increased by 5.2% to EUR 2.

• The U.S. business remains the main growth engine, contributing over 50% of earnings.

• The company maintained a strong balance sheet and received an upgrade from Moody’s.

Board and executive committee updates

• CEO Timotheus Höttges was reappointed until the end of 2028.

• Srini Gopalan became CEO of T-Mobile U.S., with Mr. Diehl succeeding him in Germany.

• Claudia Nemat resigned, succeeded briefly by Dr. Mudesir, who also left; Dr. Illek assumed interim responsibility.

• Supervisory Board changes included the election of Dr. Dohmke and Dr. Herzig, both with strong tech backgrounds.