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:
“The true theater of history is therefore the temperate zone.”
—Georg Wilhelm Friedrich Hegel (1770–1831)
“The history of all previous societies has been the history of class struggles.”
—Karl Marx (1818–1883)
“A poet’s object is not to tell what actually happened but what could or would happen either probably or inevitably.... For this reason poetry is something more scientific and serious than history, because poetry tends to give general truths while history gives particular facts.”
—Aristotle (384–323 B.C.)