Deutsche Telekom
General
Deutsche Telekom is one of the four largest telecommunications companies in the world. The Telekom group offers solutions from its main business areas - mobile communications, Internet, wire networks and system solutions - from one source. Telekom have hundred million private and business customers worldwide. Deutsche Telekom is base of 4 Divisions.
T-COM witch organise, build up and maintain the wire networks like telecommunication systems, Internet backbone and so on.
T-Mobile the 2nd Division is a leading mobile communications provider worldwide. T-Online is one of the most important players on the Internet-Service-Provider market in Europe. And the last Division T-System on of the largest systems houses in Europe.
These strategic divisions of Deutsche Telekom brings it in an optimal position for the future of the so-called TIMES-market - Telecommunications, Information technology, Mobile communication, Entertainment and Security services
Deutsche Telekom has energetically advanced internationalisation over the last few years. With many of international subsidiaries and affiliates in over 65 countries. The strong presence is not only restricted to Western, Central and Eastern Europe, but is also felt in the USA and all other continents. Deutsche Telekom (including affiliates) employs about 256,000 people, with almost every third employee working outside Germany.
Main tasks of Deutsche Telekom are to be the most customer-friendly, most popular and most successful company in information and telecommunication market and continuously write new standards in the information society worldwide.
The Firm
Deutsche Telekom Group is a great Stock Company. In year 2002 Deutsche Telekom had an revenue of 53,7 billion euro that was 11 percent more when the year before. But no profit was attain. Last year 24,6 billion euro minus was made. The debt reduced from EUR 64.3 billion in the third quarter 2002 to EUR 61.1 billion.
The year 2002 was very varied in personal affairs. In first half of the year the long time Chairman of the Board of Management Mr. Ron Sommer left the Board and Mr. Sihler was for 6 months the boss. In this time much speculation for his successors are in the world. Finely comes Kai Uwe Ricke to the new Chairman. Also in the board of Management some changes was made.
Because of the bad economic situation Telekom started an reduce of working places. In the time of restructuring the Personnel Service Agency or short PSA was founded in this Agency goes all people their position was cleared. Most of the qualified trainees go as well to PAS, too. But was it PSA? PSA is a Telekom intern time working firm that means intern or extern customers can rent this people for a while to work in there departments or there firms.