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German Government divests $2.7bn stake in Deutsche Telekom to fund rail infrastructure upgrades

The government will retain a substantial 27.8% stake in Deutsche Telekom, solidifying their position as the company's largest stakeholder.

By João Marques Lima

Founder and Editor, The Tech Capital

3 Mins

June 06, 2024 | 11:34 PM BST

In a move aimed at bolstering the nation's rail infrastructure, the German government has divested a substantial stake in Deutsche Telekom, one of Europe's major telecommunications giants.

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João Marques Lima

Founder and Editor, The Tech Capital

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