{country}

{branches}

Places of operations, subsidiaries & affiliates

Deutsche Telekom Headquarters: Bonn, Germany

Chosen international subsidiaries: All Places

Country	Subsidiaries and affiliates	Stake held by Deutsche Telekom (directly/indirectly)

Albania

AMC (Albanian Mobile Communications Sh.a)

97.21 % of shares held by Cosmote

Belgium

T-Systems Belgium NV

100.00 %

Bosnia

T-Systems d.o.o.

100.00%

Bulgaria

Globul (Cosmo Bulgaria Mobile EAD)	100.00 % of shares held by Cosmote
Novatel EOOD	100.00 % of shares held by Magyar Telekom
T-Systems Bulgaria EOOD (03.01.11)	100.00 %

Denmark

T-Systems Nordic TC A/S

100.00 %

Germany

Group Headquarters

100.00 %

Former Yugoslav Republic of Macedonia

Makedonski Telekom AD	51.00 % of shares held by Magyar Telekom
T-Mobile Macedonia AD	100.00 % of shares held by Makedonski Telekom

France

T-Systems France SAS

100.00 %

Greece

OTE (Hellenic Telecommunications Organization S.A.)	40.00 %
Cosmote (Cosmote Mobile Telecommunications S.A.)	100.00 % of shares held by OTE
T-Systems Information and Communication Technology E.P.E.	100.00 %

United Kingdom

Everything Everywhere Limited	50.00 %
T-Systems Limited	100.00 %

Italy

T-Systems Italia S.p.A

100.00 %

Croatia

Hrvatski Telekom d.-d.

51.00 %

Luxembourg

T-Systems Luxembourg S.A.

100.00 %

Montenegro

Crnogorski Telekom A.D.

76.53 % of shares held by Magyar Telekom

Netherlands

T-Mobile Netherlands B.V.	100.00 %
T-Systems Nederland B.V.	100.00 %

Austria

T-Mobile Austria GmbH	100.00 %
Software Daten Service Gesellschaft m.b.H.	100.00 %
Deutsche Telekom Value Added Services Austria GmbH	100.00 %
T-Systems Austria GesmbH	100.00 %

Poland

PTC (Polska Telefonia Cyfrowa S.A.)	100.00 %
T-Systems Polska Sp.z o.o.	100.00 %

Romania

Combridge S.R.L.	100.00 % of shares held by Magyar Telekom
Cosmote Romanian Mobile Telecommunications S.A.	70.00 % of shares held by bei Cosmote
T-Systems ICT Romania S.R.L. (Jan. 10, 2011)	100.00 %