T-Mobile

Bonn is the 19th largest city in Germany. Located in the Cologne/Bonn Region, about 25 kilometres south of Cologne on the river Rhine in the State of North Rhine-Westphalia, it was the capital of West Germany from 1949 to 1990 and the official seat of government of united Germany from 1990 to 1999.... Starting in 1998, many national government institutions were moved from Bonn to Berlin. Both houses of the German national parliament, the Bundestag and the Bundesrat, were moved along with the Chancellery and the residence of the President of Germany. Bonn remains a centre of politics and administration, however. Roughly half of all government jobs were retained as many government departments remained in Bonn and numerous sub-ministerial level government agencies relocated to the former capital from Berlin and other parts of Germany. In recognition of this, the former capital now holds the title of Federal City . Bonn has developed into a hub of international cooperation in particular in the area of environment and sustainable development.
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Deutsche Telekom AG is a German telecommunications company headquartered in Bonn, North Rhine-Westphalia, Germany. It is the largest telecommunications company in Europe. Deutsche Telekom was formed in 1996 as the former state-owned monopoly Deutsche Bundespost was privatized. As of June 2008, the German government still holds a 15% stake in company stock directly, and another 17% through the government bank KfW. The former CEO Kai-Uwe Ricke... was ousted by the board of the company because of slumping sales and the flight of customers to cheaper competitors. More than 1.5 million customers changed to rival companies during 2005 and 2006 and as a result, Deutsche Telekom laid off more than 30,000 workers. The new CEO was announced on November 12, 2006 after a long-night board session: René Obermann, the former CEO of T-Mobile International. The predecessor of Ricke, Ron Sommer, chairman of Deutsche Telekom between 1995 and 2002, was ousted because of the drop in the share price of the company in 2002. At the height of the dot-com bubble, the share was valued at over €100 but fell significantly to about €12/share during a couple of months.
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