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Title: Chief Executive Officer Company: Deutsche Telekom Industry: Telecommunications

Whisper it in Brussels, but Europe’ s most valuable telecoms company got there by conquering America. Timotheus Höttges bet Deutsche Telekom’ s future on T-Mobile US, backed the doubted Sprint merger and watched the magenta insurgency become America’ s most valuable carrier. A dozen years in, the longest-serving chief in the DAX keeps finding frontiers, fibre across Germany, towers monetised at the top and an industrial AI push treating connectivity as manufacturing’ s nervous system. He argues Europe must build rather than regulate. Unusually, he can point at America and say, we already did.

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