Ratings

In order to ensure unhindered access to the debt capital market at all times, Deutsche Telekom has set the following target corridor for its finance strategy: Credit ratings are to be in the solid investment grade, i.e., not over A- and not under BBB.

Deutsche Telekom's current ratings correspond to these requirements:

Moody'sS & PFitch
Long-term ratingBaa1BBB+BBB+
OutlookStableStableStable
Short-term ratingP-2A-2F2
Current studyDownload (pdf, 1.2 MB)Download (pdf, 361.4 KB) Download (pdf, 45.0 KB)

Compared with most competitors in the telecommunications industry, the development of Deutsche Telekom's rating has been stable over the last few years.

Rating development of European telecommunications companies:

Rating trends12004Mar 31, 2017
Deutsche TelekomBBB+BBB+
BT GroupA-BBB+
KPNA-BBB-
OrangeBBB+BBB+
Telecom ItaliaBBB+BB+
TelefonicaABBB
Telekom AustriaBBBBBB
VodafoneABBB+
Average ratingA-BBB

1 Based on S&P (As of: March 31, 2017)

What is a rating?

Ratings assess the creditworthiness of a company. The rating assesses to what extent the issuer of a bond will be able to meet its obligations for interest and capital repayments also in the future. The published assessments of the independent rating agencies are an important risk indicator for an issued financial instrument.

Deutsche Telekom AG's financial strength is regularly assessed by the international rating agencies Moody's Investors Service, Standard & Poor's, and Fitch Ratings.

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Your Contact

You have questions about the Telekom Share, financial reports or similar topics? Contact us!

Picture Contact

Investor Relations

Deutsche Telekom

investor.relations@telekom.de

Phone: +49 228 181‐88880

Fax: +49 228 181‐88899

investor.relations@telekom.de

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Friedrich-Ebert-Allee 140, 53113 Bonn

Picture Markus Schäfer

Markus Schäfer

Vice President Debt Capital Markets

markus.schaefer01@telekom.de

Phone: +49 228 181‐84255

markus.schaefer01@telekom.de

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Address

Friedrich-Ebert-Allee 140, 53113 Bonn

Picture Christoph Lüttig

Christoph Lüttig

Senior Expert Debt Capital Markets

luettig.christoph@telekom.de

Phone: +49 228 181‐87062

luettig.christoph@telekom.de

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Xing

Address

Friedrich-Ebert-Allee 140, 53113 Bonn

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