Timotheus Höttges

German manager, CEO Deutsche Telekom

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Deutsche Telekom targets €2.5 billion in AI savings and €800 million in revenue by 2030
At an investor meeting in Bonn, CEO Timotheus Höttges outlined plans to cut indirect non-US costs by €1.1 billion by 2027, reinvesting part of the proceeds into Germany's fiber-optic network.