Dax-listed Deutsche Telekom is growing despite geopolitical tensions and weak economic conditions. CEO Timotheus Höttges plans to propose the company's highest-ever dividend at the April 1 shareholder meeting in Bonn. The US market drives growth, bolstered by a new AI data center in Munich.
Deutsche Telekom remains largely unaffected by volatile energy prices and geopolitical tensions. The Bonn-based company is boosting its cashflow and relies heavily on the US market as its main growth driver.
On April 1, CEO Timotheus Höttges will address shareholders at the Kongresszentrum in Bonn's Bundesviertel. He aims to approve a dividend of one euro per share, the highest in the company's history. A share buyback program has been underway since the start of the year.
Höttges also highlighted the opening of an artificial intelligence data center in Munich, developed with US chipmaker Nvidia. The capacity there could be tripled if demand materializes, he announced.
Shareholders may raise critical questions, however. The past year was disappointing for Telekom investors.
