Hopefully, the numbers will make sense when you read the T-Mobile 2024 10-K AND the Deutsche Telekom 2024 Interim Quarterly reports. Employee Headcount/Human Capital is mandated, public information. T-Mobile reports full and part time employees, annually. Deutsche Telekom reports full-time employee ”equivalents” quarterly, with an explanation for the change. DT will report 2024 Q4 numbers on February 26, 2025.
“As of December 31, 2024, we employed approximately 70,000 full-time and part-time employees, including network, retail, administrative and customer support functions.”[1]
“The total number of full-time equivalent employees in the United States operating segment increased by 2.2 % compared with the end of 2023, primarily due to an increase in retail employees to support T‑Mobile US’ growing customer base.”[2]
“The total number of full-time equivalent employees in the United States operating segment increased by 3.5 % compared to December 31, 2023, primarily due to an increase in retail employees to support T Mobile US’ growing customer base, and the Ka’ena Acquisition in the second quarter of 2024.”[3]
“The total number of full-time equivalent employees in the United States operating segment increased by 4.8 % compared to December 31, 2023, primarily due to an increase in retail employees to support T‑Mobile US’ growing customer base, and the Ka’ena Acquisition in the second quarter of 2024.”[4]
[1] Form 10-K Annual Report, Page 8. (2025, January 31). ”T-Mobile Investor Relations SEC Filings”. https://d18rn0p25nwr6d.cloudfront.net/CIK-0001283699/b30fc2cd-eabc-47ca-8737-e273fdb44290.pdf
[2] Interim Group Report Q1 2024, Page 14. (2024, May 16). ”Deutsche Telekom Investor Relations”. https://www.telekom.com/en/investor-relations/publications/financial-results
[3] Interim Group Report H1 2024, Page 15. (2024, August 8). ”Deutsche Telekom Investor Relations”. https://www.telekom.com/en/investor-relations/publications/financial-results
[4] Interim Group Report 9M 2024, Page 16. (2024, November 14). ”Deutsche Telekom Investor Relations”. https://www.telekom.com/en/investor-relations/publications/financial-results