Monday, January 26, 2015

Timotheus Höttges: Deutsche Telekom CEO

Timotheus Höttges was born on September 18, 1962. Tim earned his degree in business administration at Cologne University, in Germany. He then worked for three years at management consulting firm, Mummert & Partner in Hamburg and later became a project manager.

Tim then joined the VIAG Group in Munich at the end of 1992. By 1997 he was a divisional manager. Later Tim became a member of the extended management board in charge of controlling, corporate planning and mergers and acquisitions. As project manager, he played an important part in the merger of VIAG AG and VEBA AG to form E.on AG, which came into being on September 27, 2000.

From 2000 until the end of 2004, Tim was Managing Director, Finance and Controlling, before eventually becoming Chairman of the Managing Board of T-Mobile Deutschland.  Starting 2005 until being appointed to the Group Board of Management, he led European operations as member of the Board of Management, T-Mobile International. Tim successfully executed a number of cost-cutting programs at T-Home and in the European mobile communications subsidiaries. Next he became responsible for the Group-wide Save for Service efficiency enhancement program.

Tim from 2006 to 2009 was a member of the Board of Management responsible for the T-Home unit. In this role, he led the fixed-network and broadband business, as well as integrated sales and service in Germany. During his watch, T-Home became the market leader in terms of new DSL customers and developed its Internet TV Service, Entertain, into a mass-market product while at the same time stabilizing its profitability.
He has been a member of the Group Board of Management responsible for Financing and Controlling beginning 2009 unit he was appointed CEO of Deutsche Telekom AG in January 2014.

The company that Tim leads is huge. Deutsche Telekom has around 143 million mobile customers, 31 million fixed-network lines, and over 17 million broadband lines.  The company is present in about 50 countries. It has around 230,000 employees worldwide and produced revenue of 60.1 billion Euros in fiscal year 2013. 

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