Deutsche Telekom Unveils AI Cloud, Record Dividend

Deutsche Telekom CEO Timotheus Höttges used the company's AGM to announce an Industrial AI Cloud platform built in six months with SAP and NVIDIA, targeting sovereign European industrial data needs. The facility in Munich is already 40% utilized and runs on 100% renewable energy. Höttges reported a 48th consecutive growth quarter, with 2025 revenue rising 4.2% to over €119 billion. The company proposed a record €1 dividend per share, projects 10% earnings-per-share growth in 2026, and launched a new €2 billion share buyback program.