Deutsche Telekom - Update 16/10/2026 - ISIN DE0005557508

Show notes

Deutsche Telekom is growing reliably. 

Warren Wise examines the 2025 annual report using the image of an old DSL connection: the street cabinet stands for the figures of the whole group, the house at the end of the line for Telekom’s shareholders. What matters is what arrives there. Our Warren Wise report gives Score 4 of 5. 

So where does the equity story stand?

• Score 4 is strong: the value thesis holds, green zone
• The model: fixed-line, mobile and IT services in Germany, nine other European countries and the US
• At the street cabinet: organic growth, guidance raised three times and plenty of free cash for dividends and share buybacks
• The long line: most of the growth comes from T-Mobile US – and before it reaches Telekom’s shareholders, the signal weakens at two points
• The short line: the home business that Telekom owns outright – and what it contributes to growth

Questions the episode answers:

• What stands out most when looking at Deutsche Telekom's equity story?
• How much of the company's success actually benefits the shareholders?
• And which three questions would Warren Wise put to CEO Tim Höttges?

Verdict: Score 4/5 – strong, green zone, the value thesis holds
Warren Wise is a fictional, synthetic AI character. Not investment advice.