History
The Deutsche Bundespost was the federal German government post office created in 1947 as a successor to the Reichspost, and was the largest employer in Germany. On July 1, 1989 as part of a post office reform, Deutsche Bundespost was split into 3 entities, one being Deutsche Bundespost Telekom. On January 1, 1995 as part of another reform, Deutsche Bundespost Telekom became Deutsche Telekom AG, and was privatized in 1996. As such, it shares a common heritage with the other privatized Deutsche Bundespost companies, Deutsche Post (DHL) and Deutsche Postbank.
Deutsche Telekom was the monopoly Internet Service Provider (ISP) for the German Internet until its privatization in 1995, and the dominant ISP thereafter. Until the 21st century, Deutsche Telekom controlled almost all Internet access by individuals and small businesses in Germany they were one of the first German telekom units.
On 3 October 2012, Deutsche Telekom and MetroPCS have agreed to merge their operations in the United States.
Read more about this topic: Deutsche Telekom
Famous quotes containing the word history:
“Regarding History as the slaughter-bench at which the happiness of peoples, the wisdom of States, and the virtue of individuals have been victimized—the question involuntarily arises—to what principle, to what final aim these enormous sacrifices have been offered.”
—Georg Wilhelm Friedrich Hegel (1770–1831)
“American time has stretched around the world. It has become the dominant tempo of modern history, especially of the history of Europe.”
—Harold Rosenberg (1906–1978)
“Psychology keeps trying to vindicate human nature. History keeps undermining the effort.”
—Mason Cooley (b. 1927)