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DEUTSCHE TELEKOM AG

(DTE)
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Deutsche Telekom : says won't attend Mobile World Congress

05/31/2021 | 07:05am EDT

BERLIN, May 31 (Reuters) - Deutsche Telekom said on Monday it would not attend the Mobile World Congress in Barcelona in a month's time due to continuing health risks from the coronavirus pandemic, adding it would instead host an online event.

"At the present time, we still do not believe it is justifiable to take this risk for a large number of our employees," the Bonn-based group said in a statement issued to Reuters.

"Telekom has therefore decided not to be physically present in this year's Mobile World Congress in Barcelona and will organize a fully virtual event instead where we will present our latest technological developments and visions."

The Telekom Tech Grounds event will be held on June 28-29.

(Reporting by Douglas Busvine Editing by Riham Alkousaa)


© Reuters 2021
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Financials
Sales 2021 107 B 126 B 126 B
Net income 2021 4 383 M 5 201 M 5 201 M
Net Debt 2021 128 B 152 B 152 B
P/E ratio 2021 18,2x
Yield 2021 3,50%
Capitalization 83 039 M 98 504 M 98 542 M
EV / Sales 2021 1,98x
EV / Sales 2022 1,91x
Nbr of Employees 224 385
Free-Float 85,1%
Chart DEUTSCHE TELEKOM AG
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Deutsche Telekom AG Technical Analysis Chart | DTE | DE0005557508 | MarketScreener
Technical analysis trends DEUTSCHE TELEKOM AG
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Mean consensus BUY
Number of Analysts 24
Last Close Price 17,51 €
Average target price 21,79 €
Spread / Average Target 24,5%
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Managers and Directors
Timotheus Höttges Chairman-Management Board & CEO
Christian P. Illek Chief Financial Officer
Ulrich Lehner Chairman-Supervisory Board
Claudia Nemat Chief Technology & Innovation Officer
Lothar Schröder Vice Chairman-Supervisory Board
Sector and Competitors