UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Form 6-K
REPORT OF
FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE
SECURITIES EXCHANGE ACT OF 1934
For the
month of April 2010
Commission
file number 001-14540
Deutsche
Telekom AG
(Translation
of Registrant’s Name into English)
Friedrich-Ebert-Allee
140,
53113
Bonn,
Germany
(Address
of Principal Executive Offices)
Indicate
by check mark whether the registrant files or will file annual reports under
cover of Form 20-F or Form 40-F.
Form
20-F x Form
40-F o
Indicate
by check mark whether the registrant by furnishing the information contained in
this form is also thereby furnishing the information to the Commission pursuant
to Rule 12g3-2(b) under the Securities Exchange Act of
1934.
Yes o No x
This
report is deemed submitted and not filed pursuant to the rules and
regulations of the Securities and Exchange Commission.
Press
release
Bonn,
April 21, 2010
Deutsche
Telekom intends to delist from the NYSE
|
Company
aims to reduce complexity and costs
|
|
Transparent
financial reporting and corporate governance to be
maintained
|
Deutsche
Telekom AG (the “Company”) intends to delist its American Depositary Shares
(“ADSs”) from the New York Stock Exchange (“NYSE”) and to deregister and
terminate its reporting obligations with the Securities and Exchange Commission
(“SEC”). Deutsche Telekom’s Board of Management approved the decision at its
meeting yesterday. Deutsche Telekom expects the delisting to become effective on
or about June 21, 2010 following the close of the market in New
York.
The main
purpose of delisting is to reduce complexity in financial reporting and
administrative costs. Deutsche Telekom remains committed to serve its investor
base in the U.S. as well as to comply with the highest standards of corporate
governance, transparent financial reporting. Deutsche Telekom will continue to
maintain an open and direct dialog with its U.S. investors via its investor
relations office in New York.
Deutsche
Telekom plans to maintain an American Depositary Receipt program on a Level I
basis, which is presumed to allow investors to hold their securities in the form
of ADSs. Deutsche Telekom’s ordinary shares will continue to be traded on the
Frankfurt Stock Exchange including XETRA, its integrated electronic securities
trading system, as well as on the German regional stock exchanges.
Today,
Deutsche Telekom will provide written notice to the NYSE of its intent to
delist. The Company plans to submit the related Form 25 with the SEC on or about
June 11, 2010 and expects delisting to become effective ten days later, from
which time the Company’s ADSs will no longer be traded on the NYSE.
Once the
delisting has become effective and the Company meets the criteria for
deregistration, it intends to file Form 15F with the SEC in order to deregister
all classes of its registered securities, including its equity securities and
all classes of registered debt securities issued by Deutsche Telekom
International Finance B.V. and guaranteed by Deutsche Telekom. Deregistration is
expected to become effective 90 days later.
Deutsche
Telekom reserves the right, for any reason, to delay these filings or to
withdraw them prior to their effectiveness, and to otherwise change its plans in
this regard.
Deutsche
Telekom will continue to make English translations of its annual reports,
financial statements, and financial press releases available on its website at
www.telekom.com.
Deutsche
Telekom AG
Corporate
Communications
Tel.:
+49 228 181 - 4949
E-Mail:
press@telekom.de
Further information for
journalists at www.telekom.com/media
About Deutsche Telekom
Deutsche
Telekom is one of the world’s leading integrated telecommunications companies
with over 151 million mobile communications customers, over 38 million
fixed-network lines and more than 15 million broadband lines. The Group provides
products and services for the fixed network, mobile communications, the Internet
and IPTV for consumers, and ICT solutions for business and corporate customers.
Deutsche Telekom is present in over 50 countries and has around 260,000
employees worldwide. The Group generated revenue of EUR 64.6 billion in the 2009
financial year – almost half of it outside Germany. (As at December 31,
2009)
Further
information is available at www.telekom.com.
Forward-looking
Statements Disclaimer
This
press release contains forward-looking statements that reflect the current views
of Deutsche Telekom management with respect to future events. They are generally
identified by the terms "expect," "anticipate," "believe," "intend," "estimate,"
"aim for," "goal," "plan," "will," "strive for," "outlook" or similar
expressions and they should therefore be considered with caution. Such
statements are subject to risks and uncertainties, most of which are difficult
to predict and are generally beyond Deutsche Telekom's control, including those
described in the sections "Forward-Looking Statements" and "Risk Factors" of the
Deutsche Telekom's Form 20-F annual report filed with the U.S. Securities and
Exchange Commission. Among the relevant factors is the ability of Deutsche
Telekom to fulfill the criteria required for delisting and deregistering its
securities under applicable U.S. law. If these or other risks and uncertainties
materialize, or if the assumptions underlying any of these statements prove
incorrect, Deutsche Telekom's future actions may be materially different from
those expressed or implied by such statements. Deutsche Telekom can offer no
assurance that its expectations will be met. Deutsche Telekom does not assume
any obligation to update forward-looking statements to take new information or
future events into account or otherwise.
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
DEUTSCHE
TELEKOM AG
By: /s/
Dr. Guillaume Maisondieu
Name: Dr.
Guillaume Maisondieu
Title:
Chief Accounting Officer
Date:
April 21, 2010