How Tim Höttges makes Telekom look better than it is

• Tim Höttges has been CEO of Telekom for nearly ten years – but after a good few years, Deutsche Telekom seems to be floundering under his leadership.
• It was able to deliver growing baseline sales and record surplus this year. But a look behind the scenes shows that there are many problems.
• US subsidiary T-Mobile hasn’t lived up to expectations for long, and investment costs for costly fiber-optic expansion are skyrocketing — not to mention frequent IT problems.
• The acquisition of majority controlling subsidiary T-Mobile US was a complete success for Deutsche Telekom. But you can read here why this majority is currently at particular risk.

Two weeks before Christmas Eve, the men of the “Ambra” arrived in Saint Lucia as champions. Ships’ horns sounded, and women welcomed their partners with cans of beer and kisses.