27 EUR
0.2
0.75%
Last update Dec 12, 9:05 AM CET
Market closed
Day range
27
27
Previous close
26.80000
Open
27
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Deutsche Telekom AG Sponsored ADR
27.00
0.20
0.75%

Overview

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Description

Deutsche Telekom AG Sponsored ADR represents the American Depository Receipt (ADR) of Deutsche Telekom AG, a leading telecommunications provider headquartered in Germany. The primary function of this ADR is to enable American investors to gain exposure to Deutsche Telekom AG without needing to directly invest in foreign exchanges. Deutsche Telekom AG is a prominent player in the global telecommunications sector, offering a wide range of services, including mobile communications, broadband internet, and IPTV services. It is also involved in corporate solutions and operates well-known subsidiaries such as T-Mobile in the United States. This ADR offers investors the convenience of trading in U.S. dollars and enjoying the accessibility of U.S.-based market regulations, while also benefiting from the underlying performance of Deutsche Telekom's international operations. As a significant player in the telecommunications industry, Deutsche Telekom AG impacts various sectors like information technology, media, and digital services, maintaining a robust presence in Europe and expanding its influence across other continents.

About

CEO
Mr. Timotheus Hottges
Employees
199050
Address
Friedrich-Ebert-Allee 140
Bonn, 53113
Phone
49 228 181 88880
Website
Instrument type
American depositary receipt
Sector
Communication Services
Industry
Telecom Services
Country
Germany
MIC code
XMUN
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