OTCMarketsExpert

Deutsche Telekom AG is a safe place to hide.

Long
OTC:DTEGF   Deutsche Telekom AG
When the market faces times of uncertainty, this is exactly the type of company that investors use as a piggy bank as a safe haven until the grey skies clear. Telecommunications have been a winner for 2019 and that looks set to continue.
COMPANY PROFILE
Deutsche Telekom AG engages in the provision of telecommunication and information technology services. It operates through the following segments: Germany, United States, Europe, and Systems Solutions, and Group Headquarters and Group Services. The Germany segment comprises all fixed-network and mobile activities. The United States segment combines all mobile activities in the U.S. market. The Europe segment encompasses all fixed-network and mobile operations of the national companies in Greece, Romania, Hungary, Poland, the Czech Republic, Croatia, the Netherlands, Slovakia, Austria, Albania, the F.Y.R.O. Macedonia, and Montenegro. The Systems Solutions segment offers integrated solutions for fixed and mobile networks, highly secure data centers, and comprehensive cloud ecosystem made up of standardized platforms, and global partnerships. The Group Headquarters and Group Services segment focuses on board department such as gloabl network factory, and group technology unit as well as the Pan-Net industries. The company was founded on January 2, 1995 and is headquartered in Bonn, Germany.

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