Deutsche Telekom AG is a partially state-owned German telecommunications company headquartered in Bonn and is Europe's largest telecommunications provider by revenue. It was formed in 1995 when Deutsche Bundespost, a state monopoly at the time, was restructured. Since then, Deutsche Telekom has consistently featured among Fortune Magazine's top Global 500 companies by revenue, with its ranking as of 2023 at number 79. In 2023, the company was ranked 41st in the Forbes Global 2000. The company operates several subsidiaries worldwide, including the mobile communications brand T-Mobile. It is the world's third-largest telecommunications company by revenue.