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Deutsche Telekom AG ( German pronunciation: [ˌdɔʏtʃə ˈteːləkɔm ʔaːˌɡeː] ; often just Telekom , DTAG or DT ; stylised as ·T· ) is a partially state-owned German telecommunications company headquartered in Bonn and is the largest telecommunications provider in Europe by revenue. It was formed in 1995 when Deutsche Bundespost , a state monopoly at the time, was privatized. Since then, Deutsche Telekom has consistently featured among Fortune Magazine 's top Global 500 companies by revenue, with its ranking as of 2023 at number 79. In 2023, the company was ranked 41st in the Forbes Global 2000 . The company operates several subsidiaries worldwide, including the mobile communications brand T-Mobile . It is the world's fifth-largest telecommunications company and biggest in Europe by revenue.

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85-512: As of April 2020, the German government held a direct 14.5% stake in company stock and another 17.4% through the government bank KfW . On 4th June 2024, the German government reduced its total shareholding to 27.8%. The company is a component of the EURO STOXX 50 stock market index . The Deutsche Bundespost was the German federal government postal administration created in 1947 as

170-441: A tunneling protocol that makes it difficult to extract communication data from the network), if technology like mobile edge computing is used, processing servers could be placed near 5G base stations , to enable information processing on the base station side of the carrier network. This makes it possible to extract user data via these servers, which theoretically allows for surveillance. The United States government claims that

255-542: A "strategic emerging industry", with goals for Chinese companies to become more competitive and innovative in the global market, and avert the country's prior reputation for low-quality and counterfeit goods . All wireless carriers in China are state-owned, which has helped the government to expedite the development of 5G networks, and access to the wireless spectrum . It has been argued that early access to 5G would give China an advantage in developing services that can leverage

340-490: A 50-50% joint venture named BuyIn for regrouping their procurement operations and benefiting from economies of scale . In April 2013, T-Mobile US and MetroPCS merged their operations in the United States . In February 2014, Deutsche Telekom acquired the remaining parts of its T-Mobile Czech Republic division for around €800 million. The size of the remaining stake was numbered at 40 percent. In December 2014, it

425-576: A 5G Standalone network. In September 2023, Nokia announced its deployment of the modular Interleaved Passive Active Antenna (IPAA+) for Globe Telecom in the southern islands of the Philippines. On 11 January 2019, Poland announced that two people working on a 5G Huawei network had been arrested: Wang Weijing (a Huawei executive), and Piotr Durbaglo, a consultant having worked for Polish domestic security, but currently working for Orange on 5G network testing. In early pilot projects, Huawei technology

510-533: A MOA with Huawei to develop the Turkish 5G network. Turkey's Deputy Minister of Transport and Infrastructure, Ömer Fatih Sayan, was present at the signing ceremony in Barcelona and said, "Over the past 20 years, Huawei has made important contributions to Turkey’s infrastructure construction. We hope these contributions will continue in domestic and local production". In May 2022, Turkcell and Ericsson announced

595-557: A Western supplier to build its core 5G mobile network, making it one of the first European operators to eliminate Huawei. On 15 October 2020, KPN said in a statement that it will "collaborate with Ericsson" for the implementation of its core 5G technology. The US government had expressed fears that if KPN's 5G backbone contained Huawei equipment it would be vulnerable to spying by the Chinese state. In March 2021, Reuters reported that Amsterdam-based telecom and pay TV company United Group

680-480: A federal lawmaker who led the commission for the 5G tender for the lower house of Brazilian Congress, said that banning Huawei never made sense and that Brazil had to maintain an independent position amidst the US-China dispute over the company. Rogers cooperated with Ericsson to build their 5G network. Bell Canada has worked with both Ericsson and Nokia. Telus is working with Ericsson, Nokia, and Samsung. SaskTel

765-684: A hybrid network for faster internet access on board the planes in Europe. It is a combination of data transmission via Inmarsat Satellite and Deutsche Telekom's LTE ground stations throughout the European continent. KfW The KfW , which together with its subsidiaries DEG, KfW IPEX-Bank and FuB forms the KfW Bankengruppe ("banking group"), is a German state-owned investment and development bank , based in Frankfurt . As of 2014, it

850-580: A minimum peak network speed of 20 gigabits per/second (20 times faster than the equivalent on 4G LTE networks), and uses within Internet of things and smart city technology. The initial development of 2G , 3G , and 4G technologies were centred upon Japan, Europe, and the United States, respectively. China's five-year plan for 2016–2020 and the Made in China 2025 initiative both identified 5G as

935-504: A move would delay the nation's 5G rollout by up to three years, and is estimated to cost at least £2 billion to reach full removal of all Huawei 5G equipment from its network by 2027. The UK is expected to ban Huawei and remove it from its network by 2023 having initially attempted to ban it from core networks and limit its involvement in its non-core network to 35%. The review was announced following concern from MPs, intelligence officials, and allies. Liu Xiaoming , Chinese ambassador to

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1020-447: A multivendor Open Radio Access Network (Open RAN). The network is fully integrated into Deutsche Telekom's existing commercial network, including 5G AirScale compatible with Open RAN. For the fiscal year 2017, Deutsche Telekom reported earnings of €3.5 billion, with an annual revenue of €74.9 billion, an increase of 2.5% over the previous fiscal cycle. Deutsche Telekom's shares traded at over €14 per share, and its market capitalization

1105-600: A program to issue bonuses for employees who successfully obtain confidential information from competitors. In regards to the aforementioned T-Mobile robotic arm, Huawei's US division disavowed the employee's actions and this program, as it is not in line with local business practices), and having used a shell company to mask investments in Iran that violated US sanctions (including resale of technology of US origin); in October 2011, The Wall Street Journal reported that Huawei

1190-543: A public agency and unremunerated equity provided by its public shareholders allow KfW to provide loans for purposes prescribed by the KfW law at lower rates than commercial banks. KfW is not allowed to compete with commercial banks, but it facilitates their business in areas within its mandate. KfW banking group has three business units with distinct functions, as well as several subsidiaries. Lending by KfW group's two main business units, accounting for more than 90% of total lending,

1275-495: A significant risk to the security of national networks. This decision also excludes Indian, Russian, African or Latin American companies. In November 2020, Romania's prime minister Ludovic Orban stated that Huawei "does not meet [security] conditions" to be part of building 5G networks in the country. The remarks come after Romanian Prime Minister Ludovic Orban said Huawei "does not meet conditions" to be part of 5G networks in

1360-517: A successor to the Reichspost . It was also the major telephone company in West Germany . On 1 July 1989, as part of a post office reform, Deutsche Bundespost was split into three entities, one being Deutsche Telekom. On 1 January 1995, as part of another reform, Deutsche Bundespost Telekom became Deutsche Telekom AG, and was privatized in 1996. As such, it shares a common heritage with

1445-705: Is KfW IPEX-Bank. KfW IPEX-Bank is active in project finance and corporate finance related to German or European exports. It also promotes foreign investments in Germany. Unlike KfW, it competes directly with commercial banks. Therefore, and in response to concerns voiced by the European Commission concerning unfair competition, KfW IPEX-Bank has become legally and financially independent in 2008. KfW IPEX-Bank's main sectors of activity are ports, airports, toll roads, bridges and tunnels, railways, ships, planes, telecommunications, energy, and manufacturing. In 2014

1530-930: Is considering removal of Huawei equipment from its networks. United Group's operations are primarily in Bulgaria, Croatia, Slovenia, Greece, and Serbia. United Group's CEO said that "switching to something that is more US-approved is the right approach" although he is concerned about the costs associated with doing so. In January 2020, the head of France's cybersecurity agency ANSSI said his agency had not uncovered any evidence of Huawei spying through its equipment in Europe. In June 2020, ANSSI informed French telecommunications companies that they would not be allowed to renew licenses for 5G equipment made from Huawei after 2028. In March 2019, Germany's Federal Network Agency announced that all wireless networks, including 5G and all other standards, will be subject to heightened security requirements. This includes mandatory security testing by

1615-514: Is in Germany and, to a limited extent, in other European countries. However, its largest subsidiary, KfW IPEX-Bank GmbH, predominantly lends internationally. A smaller subsidiary, the German Investment Corporation (DEG), and one of the group's smaller business units, KfW Development Bank, are exclusively active in the international arena, each within their particular business areas. KfW Förderbank (KfW promotional Bank),

1700-428: Is it such a close relationship with the Chinese government?" Allegations surrounding Chinese surveillance via network infrastructure cite the 2017 National Intelligence Law , and the 2014 Counter-Espionage Law. The National Intelligence Law gives intelligence agencies the ability to compel citizens and organizations to cooperate in investigations, and that China will protect any organization or individual that helps

1785-467: Is on the marketing of complex services and industry solutions. Deutsche Telekom Global Carrier is formerly known as Deutsche Telekom International Sales and Solutions. It is an international wholesale arm of Deutsche Telekom. The products include Voice Termination, Ethernet, IP-Transit, Mobile and Roaming as well as In-flight Internet Access for the aviation industry. It operates a Tier-1 network . Together with Inmarsat and Nokia, Deutsche Telekom develops

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1870-666: Is owned by the Federal Republic of Germany (80 percent) and the States of Germany (20 percent). It is led by a five-member executive board headed by CEO Stefan Wintels  [ de ] , which in turn reports to a 37   member Board of Supervisory Directors. The chair and deputy chair of the Board of Supervisory Directors are the German Federal Ministers of Finance and of Economic Affairs , with

1955-576: Is since held by public shareholders. In September 2021, Deutsche Telekom sold T-Mobile Netherlands for €5.1 billion to the investment companies Apax Partners and Warburg Pincus . In September 2022, Deutsche Telekom is expanding its activities in the field of blockchain technology. DT’s subsidiary, T-Systems Multimedia Solutions provides the Ethereum Network with infrastructure in the form of validation nodes . In December 2023, Deutsche Telekom and Nokia with Fujitsu began deploying

2040-573: Is the seat of the European Commission , other EU institutions , the NATO headquarters , SHAPE , and other high-ranking institutions. On 9 October 2020, Orange S.A. and its competitor Proximus (ex Belgacom) have declared that Nokia and Ericsson were going to deliver 5G equipment. In November 2020, Brazil backed America's "Clean Network" initiative. In November 2021, as Brazil held its tender for 5G wireless networks, Perpétua Almeida,

2125-703: Is the world's largest national development bank and as of 2018 Germany's third largest bank by balance sheet. Its name originally comes from Kreditanstalt für Wiederaufbau ("Credit Institute for Reconstruction"). It was formed in 1948 after World War II as part of the Marshall Plan . According to the OECD , Germany’s total official development assistance (ODA) (USD 35 billion, preliminary data) increased in 2022 due to an increase in in-donor refugee costs and increased contributions to international organisations. It represented 0.83% of gross national income (GNI). KfW

2210-421: Is working with Samsung. In a May 2023 policy statement, Canada's Minister of Innovation, Science and Industry expressed serious concerns about companies such as Huawei and ZTE, as they could be compelled to comply with extrajudicial directions from foreign governments, which would conflict with Canadian laws or be detrimental to Canadian interests. In April 2019, Dutch telecom KPN said that it would select

2295-540: The China Development Bank . As of 2019, the only other major manufacturers of 5G equipment are the European rivals of Ericsson and Nokia : they, along with Huawei and ZTE, account for two-thirds of the overall market. According to Bloomberg, Huawei's 5G equipment tends to be less expensive than the alternatives provided from Nokia and Ericsson AB, and is "often of higher quality" due to having put more investments in research and development. And despite

2380-635: The Committee on Foreign Investment in the United States , which deemed it a threat to national security due to Huawei founder Ren Zhengfei having been a former engineer for the People's Liberation Army , and concerns that China could gain access to intrusion detection technology that 3Com had developed for the US government and armed forces. When Huawei bought out its joint venture with Symantec in 2012, The New York Times reported that Symantec had fears that

2465-601: The Defence Select Committee released a report claiming that there was clear evidence of collusion between Huawei, the Chinese state, and the Chinese Communist Party. The committee said that the government should now consider assessing equipment from other vendors in a similar fashion. A 2012 White House-ordered security review found no evidence that Huawei spied for China and said instead that security vulnerabilities on its products posed

2550-530: The Federal Office for Information Security before equipment is deployed, and operators being required to report any abnormalities. Operators are also being encouraged to source equipment from multiple vendors. In September 2023, Germany's Interior Ministry proposed to ban critical components from Huawei and ZTE from its 5G mobile network by 2026 through a staggered approach to limit disruption. In May 2019, Japan announced that effective 1 August 2019,

2635-586: The People's Republic of China may contain backdoors enabling surveillance by the Chinese government (as part of its intelligence activity internationally ) and Chinese laws, such as the Cybersecurity Law of the People's Republic of China , which compel companies and individuals to assist the state intelligence agency on the collection of information whenever requested. The allegations came against

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2720-563: The Post and Telecom Authority (PTS) decided in October 2020 that Huawei and ZTE were not allowed to deliver parts for the 5G net in Sweden. In case that parts of them have already been installed, they have to be removed until January 2025. PTS was advised by the Swedish military and security services that China was "one of the biggest threats against Sweden." In June 2021, a Swedish court upheld

2805-477: The Renewable Energy Law of 2000. It also invests in municipal infrastructure such as public transport and sanitation through a sub-unit called KfW Kommunalbank (KfW municipal bank). More recently (since 2006), it has also engaged in education where it provides student loans. KfW Mittelstandsbank (which roughly translates as KfW small and medium enterprises bank), the second largest business unit of

2890-475: The Chinese government can force wireless infrastructure vendors to incorporate software backdoors or hardware that would allow China to spy on the US or its allies. US security concerns surrounding Huawei have pre-dated the current 5G-related controversies; in 2007, Bain Capital attempted to acquire network equipment vendor 3Com with minority financing from Huawei. However, the transaction faced scrutiny from

2975-402: The Chinese government. The 2014 Counter-Espionage law states that "when the state security organ investigates and understands the situation of espionage and collects relevant evidence, the relevant organizations and individuals shall provide it truthfully and may not refuse." Softbank CTO Miyagawa Jyunichi explained that unlike a 4G core network (where data is encrypted and transmitted using

3060-532: The Earth's stratosphere with the goal of eliminating the digital divide. On April 1, 2020, Sprint completed the merger with T-Mobile US , making T-Mobile US the owner of Sprint and becoming its subsidiary until the Sprint brand is phased out. The merger also led SoftBank Group , the then-owner of Sprint, to hold up to 24% of New T-Mobile's shares while Deutsche Telekom holds up to 43% of its shares. The remaining 33%

3145-705: The Emergency Services Network project. In December 2018, Gavin Williamson , the UK's Defence Secretary, expressed "grave" and "very deep concerns" about the company providing technology to upgrade Britain's services to 5G. He accused Beijing of acting "sometimes in a malign way". Alex Younger , the head of MI6 , also raised questions about Huawei's role. In 2019, the UK National Cyber Security Centre concluded that

3230-582: The European Union, including China, from participating in infrastructure projects in Romania. In 2020, Singapore's leading mobile operators decided against using Huawei as the main equipment supplier to develop national 5G networks, with contracts awarded to Ericsson and Nokia instead. In October 2020, Slovakia signed up to join the Clean Network initiative. In South Korea, LG Uplus is

3315-431: The German state, KfW holds shares in a variety of corporations, including Deutsche Post , Deutsche Telekom , Commerzbank , Lufthansa , and CureVac . In 2013, KfW agreed to help establish a Portuguese financial institution to foster economic growth and boost job creation in the country. The magazine Global Finance rated KfW as the safest bank in the world in its "World's 50 Safest Banks 2014" rating. The rating

3400-761: The Government's announcement, Huawei NZ's deputy managing director Andrew Bowater emphasized the company's commitment to helping customers deal with the effects of the COVID-19 pandemic in New Zealand . On 21 May 2019, as the result of an inquiry performed in cooperation with other foreign law enforcement agencies, the Philippine National Police concluded that there was no evidence that Huawei had been involved in espionage. In January 2023, Philippines operator Now Telecom selected Nokia for

3485-691: The Hellenic telecommunication operator OTE , which also have shares in several other companies like Telekom Romania and the IT&;C retailer Germanos. Deutsche Telekom also operates a wholesale division named International Carrier Sales & Solutions (ICSS) that provides white label voice and data wholesale support services to large carriers. OTE also used to have shares in One Telecommunications operating in Albania. Prior to its sale it

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3570-483: The Organization for Economic Cooperation and Development (OECD). The measure is intended to safeguard national networks from potential security risks. With this move, it has effectively blocked Chinese tech giant Huawei Technologies Co. from its market. The security assessment committee of the government's Higher Council for Cyberspace Security highlighted that companies from outside these specific jurisdictions pose

3655-409: The UK, called the persecution of Huawei a kind of "a witch-hunt" and assured that as a private-owned company, the brand has nothing to do with the Chinese authorities. Several Conservative Party members, on their part, have warned against using Huawei. The costs involved in removing Huawei technology from the UK networks are likely to be significant as the company accounts for about three quarters of

3740-516: The US delegation, exposed that the US case was "really political, not technical". However Trump later introduced further sanctions in May 2020 in which Huawei was no longer allowed to use US-made chips. As a result of that, Ciaran Martin's team at GCHQ was no longer able to guarantee the security of Huawei's products and 2 months later, then prime minister Boris Johnson finally banned Huawei in Britain. Such

3825-571: The US had to be "vigilant" in preventing them from "undermining and endangering America's 5G networks". He also stated that Huawei "undermine[s] foreign competition by stealing trade secrets and intellectual property, and through artificially low prices backed by the Chinese government." During testimony to the Senate Intelligence Committee in 2018, US intelligence chiefs warned against the company, with FBI director Christopher A. Wray stating that they were "concerned about

3910-508: The US sent a delegation to the UK and tried to convince the British government to not use Huawei for their 5G rollout. Lord Darroch , who previously was Britain's national security advisor and later the UK's ambassador in the US after 2016, said that the US delegation had failed to give any "compelling technical arguments" that undermined the GCHQ's conclusion. Darroch said that the encounter with

3995-467: The United Kingdom and United States in excluding Huawei from the country's 5G networks on national security grounds. Telecommunications Users Association chief executive Craig Young welcomed the Government's announcement, saying that a ban would force companies with Huawei equipment to replace expensive equipment due to the integrated nature of the country's 2G, 3G, and 4G networks. In response to

4080-729: The allegations, Huawei has still managed to win 5G contracts in Russia, the Middle East, Africa, and Asia, including the Philippines and Thailand. Huawei has faced various allegations of intellectual property theft and corporate espionage , including copying proprietary source code from Cisco Systems equipment, and an employee stealing a robotic arm for smartphone stress testing from a T-Mobile US laboratory. In January 2019, US authorities indicted Huawei and its vice-chairwoman and CFO Meng Wanzhou on charges of theft of trade secrets (including allegations that Huawei's Chinese division had

4165-534: The backdrop of the rising prominence of Chinese telecommunication vendors Huawei and ZTE in the 5G equipment market, and the controversy has led to other countries debating whether Chinese vendors should be allowed to participate in 5G deployments. All members of the Five Eyes international intelligence alliance—Australia, Canada, New Zealand, the United Kingdom, and the United States—have declared that

4250-697: The balance sheet total of KfW IPEX-Bank amounted to € 26.3 billion. Another subsidiary of KfW banking group, the German Investment Corporation (DEG), takes minority equity stakes and provides loans to private companies investing in developing countries. It pursues a business model broadly similar to that of the International Finance Corporation of the World Bank Group . Its main sectors of activity are banking, agro-business , renewable energy, telecommunications and manufacturing. It lent 1.2 billion in 2008. On behalf of

4335-402: The ban on Huawei from selling its products in Sweden. Taiwan has issued guidelines banning the use of mainland Chinese telecommunications equipment for all its government departments, organizations, and government-controlled companies. Turkey has so far allowed its telecoms to sign up with Huawei. In March 2022, the Turkish embassy in China posted on Weibo , that Türk Telekom had signed

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4420-490: The capital market. KfW also provides loans to European commercial banks to help them finance SMEs, housing and infrastructure (so-called global loans). KfW Entwicklungsbank (KfW Development Bank) provides financing to governments, public enterprises and commercial banks engaged in microfinance and SME promotion in developing countries. It does so through loans close to market terms using its own resources ("promotional loans"), soft loans that blend KfW resources with support from

4505-585: The country. "With respect to 5G, [China] cannot be our partner," Orban told media in an interview published on 1 November. In February 2021, the Government of Romania approved a memorandum to limit the companies from non-EU countries that have no trade agreements with Romania or the European Union from participating in public tenders. In March 2021, prime minister Florin Citu announced that Romania's Government will evaluate an ordinance that will exclude companies from non-EU countries that do not have trade agreements with

4590-534: The differences in the decisions by the carriers to use Huawei, Second Vice Foreign Minister Lee Tae-ho said that the decision was one for the companies and not the government to decide Experts and politicians have speculated that the South Korean government is not willing to ban Huawei equipment, fearing a repeat of the Chinese retaliation that resulted from the deployment of THAAD which reportedly cost South Korea $ 5.1 billion in lost revenues. In Sweden ,

4675-437: The federal government's aid budget ("development loans"), as well as highly subsidized loans and grants, the latter two coming entirely from the federal aid budget. Different country groups are offered different financing conditions depending mainly on their per capita income. All these financing instruments are part of what is officially called development cooperation and is often also called " development aid ". In German aid,

4760-497: The first 5G autonomous mobile robot demonstration in Turkey. According to Ericsson, the demonstration showcased 5G's ability to enable real-time, low-latency data transfer, which can improve safety in industrial operations. In October 2018, BT Group announced that it had been phasing out Huawei equipment from "core" components of its wireless infrastructure (excluding parts such as phone mast antennas), including its 5G services, and

4845-622: The first German telecom units. On 6 December 2001, Deutsche Telekom became the first official partner of the 2006 FIFA World Cup . On 1 January 2005, Deutsche Telekom implemented a new company structure. The two organizational business units of T-Com and T-Online were merged into the Broadband/Fixed Network (BBFN) strategic business unit (T-Online merged with parent Deutsche Telekom in 2006). It provides around 40 million narrowband lines, over 9 million broadband lines, and has 14 million registered Internet customers. In 2008,

4930-866: The free world from authoritarian malign actors." It has resulted in an "alliance of democracies and companies," "based on democratic values." According to the United States, The Clean Network is intended to implement internationally accepted digital trust standards across a coalition of trusted partners. According to Hudson Institute senior fellow Arthur L. Herman and former US security advisor Robert C. O'Brien , writing in The Hill , in December 2021, only 8 countries have been willing to ban Huawei's 5G equipment, but more than 90 countries have signed up with Huawei, including some NATO members. 5G succeeds 4G LTE wireless technology. Developments have been focused on enabling low- latency communications, and promises of

5015-470: The group, provides assistance to German small and medium enterprises (SMEs) including individual entrepreneurs and start-ups. In addition to loans it also provides equity and mezzanine financing . Its financing totaled €20.4 billion in 2015. KfW has been very active in securitization before this market collapsed during the subprime mortgage crisis . Through securitization it helped commercial banks to transfer risks from their housing and SME portfolios to

5100-435: The intrusion was a state-sponsored attack that may have benefited domestic competitors such as Huawei and ZTE, and acknowledged that there was circumstantial evidence that connected the company's downfall to the beginning of Huawei's international growth. He warned against cooperation with Chinese vendors, arguing that "they've got this Communist Party over there right in their corporate offices. What are these people doing? Why

5185-583: The largest business unit of the group, committed € 47.6 billion in 2014, mostly for housing and environmental protection in Germany. It is especially active in promoting energy-efficient housing for owner-occupied houses as well as for landlords, both for new houses and refurbishments. Its energy efficiency standards for houses (KfW-60 and KfW-40) have become accepted standards in Germany. Concerning environmental protection, it promotes, among others, photovoltaic energy ( solar cells ) which has in turn received massive indirect subsidies through feed-in tariffs under

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5270-421: The only carrier to have adopted Huawei equipment for its 5G equipment due to its favourable pricing, unlike the other two carriers that have rejected Huawei for security reasons. LG Uplus does not believe that there are problems in the security of Huawei equipment, which has resulted in boycott movements against the carrier for their perceived negligence in security by choosing Huawei as its supplier. In light of

5355-406: The other privatized Deutsche Bundespost companies, Deutsche Post (DHL) and Deutsche Postbank . Deutsche Telekom was the monopoly Internet service provider (ISP) for Germany until its privatization in 1995, and the dominant ISP thereafter. Until the early 21st century, Deutsche Telekom controlled almost all Internet access by individuals and small businesses in Germany, as they were one of

5440-622: The partnership "would prevent it from obtaining United States government classified information about cyberthreats". It has been argued that Huawei has ties to the Chinese government: the CIA has cited anonymous British sources claiming that entities such as the National Security Commission of the Chinese Communist Party and the People's Liberation Army have provided funding to Huawei. US senator Marco Rubio referred to Huawei and ZTE as being "state-directed", and warned that

5525-629: The positions alternating annually between them. Currently, the chairman is Christian Lindner , Federal Minister of Finance . In 2009, Caisse des Dépots , Cassa Depositi e Prestiti , KfW and European Investment Bank founded the Long-Term Investors Club . KfW banking group covers over 90% of its borrowing needs in the capital markets , mainly through bonds that are guaranteed by the federal government. This allows KfW to raise funds at advantageous conditions. Its exemption from having to pay corporate taxes due to its legal status as

5610-404: The possibility of a vendor pushing a malicious update that enables surveillance in the future. Any supposedly safe Chinese product is one firmware update away from being an insecure Chinese product." Robert Strayer, US State Department ambassador for cyber and international communications, stated at MWC Barcelona in 2019 that they were "asking other governments and the private sector to consider

5695-537: The radio access across Britain's 4G network infrastructure. At the same time, a significant portion of the initial stages of the 5G network come from Huawei. In April 2020, the China Research Group was founded by Conservative MPs; as part of its remit, the group aims to look into "how the development, ownership, and regulation of platform technologies that underpin future economic growth and innovation are being influenced" by China. On 7 October 2020,

5780-779: The risk from using Huawei equipment for their 5G infrastructure, was manageable. Former head of GCHQ , Robert Hannigan in that year, wrote in an op-ed in the Financial Times that the NCSC had "never found evidence of malicious Chinese state cyber activity through Huawei" and "assertions that any Chinese technology in any part of a 5G network represents an unacceptable risk are nonsense" while advocating that "the UK and other European countries should hold their nerve and base decisions on Chinese involvement in future telecoms on technical expertise and rational assessment of risk, rather than political fashion or trade wars". In May 2019,

5865-534: The risks of allowing any company or entity that is beholden to foreign governments that don't share our values to gain positions of power inside our telecommunications networks." Fellow senator Mark Warner argued that "no major Chinese company is independent of the Chinese government and Communist Party", and warned that the Chinese government can exploit consumer electronics products from these companies, such as smartphones . He claimed that "software reviews of existing Huawei products are not sufficient to preclude

5950-607: The same day between Trump and prime minister Shinzō Abe . In late November 2018, the New Zealand signals intelligence agency Government Communications Security Bureau (GCSB) blocked telecommunications company Spark from using Huawei equipment in its planned 5G upgrade, claiming that it posed a "significant network security risk." The NZ ban followed a similar ban in Australia in August 2018. In mid July 2020, GCSB Minister Andrew Little confirmed that New Zealand would not join

6035-599: The structure was changed again. T-Online was separated from Deutsche Telekom and merged with T-Com to form the new unit T-Home. In September 2010, Orange parent France Télécom and T-Mobile parent Deutsche Telekom merged their operations in the United Kingdom to create the largest mobile network in Britain, EE . In April 2010, T-Mobile was merged with T-Home to form Telekom Deutschland GmbH . This unit now handles all products and services aimed at private customers. In October 2012, Deutsche Telekom and Orange created

6120-500: The technology. Domestic vendors such as Huawei and ZTE have subsequently leveraged China's position to market 5G-compatible equipment for international deployments; Huawei had seen significant growth in the 2010s, aided by its ability to undercut competitors, a large number of international partnerships, the increasing success of its smartphone business, the amount it has invested in R&;D, competitive deployment support, and investments by

6205-435: The telecom industry. Amid concerns over Chinese involvement in 5G wireless networks in Europe, Deutsche Telekom temporarily put all deals to buy 5G network equipment on hold in 2019, as it awaited the resolution of a debate in Germany over whether to ban Chinese vendor Huawei on security grounds. In February 2020, Deutsche Telekom joined a new partnership called HAPS Alliance to promote the use of high-altitude vehicles in

6290-421: The telecom, integrated circuitry, and mobile phone manufacturing industries would be added to laws allowing the government to block foreign investments within sensitive sectors for security reasons. The government stated that these regulations were due to "the increased importance of securing cyber security in recent years", but did not name any specific companies or countries. The announcement followed trade talks

6375-522: The threat posed by Huawei and other Chinese information technology companies." The country has threatened to withdraw some co-operations with its allies if they install Huawei equipment on telecommunication networks. Australia banned Chinese vendors from providing equipment for 5G networks, citing the aforementioned intelligence laws as a factor. Other countries like Japan have cited security concerns and have successfully persuaded carriers to exclude Huawei or ZTE equipment in their 5G networks. Belgium

6460-566: The time. The bank subsequently fired two board members over the transfer. Due to a glitch in the bank's information technology, KfW again accidentally transferred 7.6 billion euros ($ 8.2 billion) to four other banks in February 2017 but got the money back, incurring costs of 25,000 euros. Concerns over Chinese involvement in 5G wireless networks Concerns over Chinese involvement in 5G wireless networks stem from allegations that cellular network equipment sourced from vendors from

6545-560: The use of Huawei telecommunications equipment, particularly in 5G networks, poses "significant security risks". The United States, Australia, and Vietnam have banned Chinese companies from providing its 5G equipment due to security concerns. The United Kingdom is also expected to implement a complete ban following resistance from MPs. These concerns led to The Clean Network , a US government-led, bi-partisan effort to address what it describes as "the long-term threat to data privacy, security, human rights, and principled collaboration posed to

6630-542: The work of KfW Development Bank is called "financial cooperation" which is complemented by "technical cooperation" by GIZ and other public agencies. The main sectors of financial cooperation are water supply and sanitation, renewable energy and energy efficiency, as well as the development of the financial sector. KfW Development Bank also works, among other sectors, in health, education, agriculture, forestry, solid waste management. It provided €7.4 billion in loans and grants in 2014. The largest subsidiary of KfW banking group

6715-520: Was announced that Deutsche Telekom were in talks with BT Group on the acquisition of EE, and part of the deal was to provide Deutsche Telekom a 12% stake and a seat on the board in the BT Group upon completion. BT Group announced agreement in February 2015 to acquire EE for £12.5 billion and received regulatory approval from the Competition and Markets Authority on 15 January 2016. The transaction

6800-415: Was based on long-term foreign currency ratings from Fitch Ratings and Standard and Poor's and the long-term bank deposit ratings from Moody's Investors Service . In September 2008, as investors were scrambling to get their funds out of Lehman Brothers , KfW accidentally wired €320 million ($ 426 million) to Lehman; Germany's largest circulation newspaper, Bild , called KfW "Germany's Dumbest Bank" at

6885-701: Was completed on 29 January 2016. In September 2015, Deutsche Telekom launched the "Puls tablet", a Tablet computer with Android version 5 . In February 2016, at the Mobile World Congress , in Barcelona , Deutsche Telekom jointly launched the Telecom Infra Project (TIP) with Intel , Nokia , Facebook , Equinix , SK Telecom , and others, which builds on the Open Compute Project model to accelerate innovation in

6970-454: Was known as Telekom Albania using DT's logo and marketing strategies. Operation of telephone companies involves billing-software or "BSS". Deutsche Telekom's T-Mobile billing was performed on Israeli-backend systems until 2014, when Ericsson was selected to replace the Israeli backend. T-Systems sells worldwide products and services to medium to very large business customers. The focus

7055-531: Was predominantly used, but in subsequent initiatives, operators have shifted their attention to Ericsson and Nokia. In May 2023 Portugal decided to close its doors to companies from 'high risk' countries and jurisdictions with respect to its fifth generation telephone network. These include equipment from suppliers based outside the European Union, as well as from non-member states of the North Atlantic Treaty Organization (NATO) or

7140-466: Was the largest provider of telecommunications equipment in Iran. In 2012, it was reported by The Wall Street Journal that Canadian telecom equipment firm Nortel Networks had been the subject of an intrusion by Chinese hackers from 2000 through its bankruptcy in 2009, who had accessed internal documents and other proprietary information. The company's former security adviser Brian Shields alleged that

7225-726: Was valued at US$ 68.4 billion in November 2018. The key trends for Deutsche Telekom are (as at the financial year ending December 31): Deutsche Telekom also holds substantial shares in other telecom companies, including Central European subsidiaries Slovak Telekom ( Slovakia ), Magyar Telekom ( Hungary ). Furthermore, Magyar Telekom holds majority shares in Makedonski Telekom ( North Macedonia ), and Hrvatski Telekom ( Croatia ) holds majority shares in Crnogorski Telekom ( Montenegro ). DT also holds shares in

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