
As part of the partnership, Deutsche Telekom will provide secure infrastructure support through it open cloud network.
Deutsche Telekom is a telecommunications company that offers a range of fixed-network services.
Deutsche Telekom AG is a German telecommunications company headquartered in Bonn and by revenue the largest telecommunications provider in Europe. Deutsche Telekom was formed in 1995, as the former state-owned monopoly Deutsche Bundespost was privatised. The company operates several subsidiaries worldwide, including the mobile communications brand T-Mobile.
As of April 2020, the German government holds a 14.5% stake in company stock directly, and another 17.4% through the government bank KfW. The company is a component of the EURO STOXX 50 stock market index.
As part of the partnership, Deutsche Telekom will provide secure infrastructure support through it open cloud network.
The partnership between Deutsche Telekom and Celo is going to be beneficial for both companies.
Deutsche Telekom has over the years focused on providing complex infrastructure providing the internet. For this reason, it is not far from its goal to provide infrastructure support to the recipients.