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In Good Company with Nicolai Tangen

Tim Höttges CEO of Deutsche Telekom: Future for connectivity, 5G and AI

In Good Company with Nicolai Tangen

Norges Bank Investment Management

In Good Company, Business, Norges Bank, Nicolai Tangen

4.8186 Ratings

🗓️ 15 November 2023

⏱️ 48 minutes

🧾️ Download transcript

Summary

Deutsche Telekom is the largest telecommunication provider in Europe. Tim Höttges has been a successful CEO since 2014. Tim is a very curious and outspoken leader about the challenges and opportunities for the telecom sector, so tune in!  

We own over 2% of Deutsche Telekom. This translates to 21 billion kroner or 2.1 billion US dollars, and we have been invested in Deutsche Telekom for over 25 years.   

The production team on this episode were PLAN-B's Nikolai Ovenberg and Niklas Figenschau Johansen. Background research was done by Sigurd Brekke with input from portfolio manager Stephanie Werner Vardheim. 


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Transcript

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0:00.0

Hi everyone and welcome to our podcast in Good Company.

0:04.1

I'm Nicola Tangen, the CEO of the Norwegian Subborn Wealth Fund.

0:07.6

In this podcast, we talk to the leaders of some of the largest companies we are invested in

0:11.2

so that you can learn what we own and meet these impressive leaders.

0:14.9

Today, I'm speaking to Tim Hutches, the CEO of Deutsche Telecom, the largest telecom provider in Europe.

0:21.3

Deutsche Telecom has 250 million mobile customers in more than 50 countries.

0:26.7

We own over 2% of Deutsche Telecom translating into $21 billion, a $2.1 billion, and guess what?

0:34.5

We have been invested in Deutsche Telecom for 25 years.

0:38.4

Tim is a very impressive and strong leader of Deutsche Telecom.

0:41.5

It's a fascinating company, and he is a super interesting person.

0:44.7

Tune in.

0:55.2

Good morning, Deutschland. All right.

0:56.4

Good morning, Nikolai. Good morning, everybody. Thank you for having me.

1:00.8

Fantastic. Now, we are here with Tim Hockus, the visionary leader of the Deutsche Telecom.

1:05.6

He has transformed how millions connect and communicate. And so it's very interesting to have a deep dive into the world of telecommunication.

1:13.6

So, thank you for coming on.

1:15.6

Now, what are the major trends in the telecom sector that really excites you today?

1:20.6

Look, the first thing is 5G and fiber is the enabler of the next generation wealth. Everything is getting connected,

1:29.7

everything is connected, and without networks, nothing is working. So our company has a big

1:35.6

purpose. We are connecting not only societies, but we are connecting as well the flying wheel

1:41.6

for the business industries in this environment.

1:45.5

What are the big trends?

...

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