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Document Features
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Language: The document is written in English, indicating its use in the American financial market.
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Nominal Value: The ADR represents ordinary shares with no nominal value each, as indicated on the document.
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Design and Symbolism:
- Blue and White Colors: The document features a predominantly blue and white design, symbolizing trust and professionalism.
- Patterned Border: Decorative elements include intricate geometric motifs along the edges of the document.
- Issuer Details: The document prominently displays the name of Deutsche Telekom AG, highlighting the issuer's identity.
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Administration:
- The document is signed by authorized officers of Deutsche Bank Trust Company Americas, the depositary institution, conferring legal validity and official status to the ADR.
- The place of issuance is New York, USA, with the issuance date being November 11, 2006.
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Terms and Conditions: The document includes detailed terms and conditions regarding the rights of the ADR holder, including voting rights and the right to receive dividends and other distributions.
History of Deutsche Telekom AG
Deutsche Telekom AG was founded in 1995 as the successor to the former state-owned monopoly Deutsche Bundespost. Headquartered in Bonn, Germany, Deutsche Telekom quickly grew to become one of the world's leading telecommunications companies, providing a wide range of services including fixed-line and mobile telephony, broadband, and digital television.
Deutsche Telekom's shares were publicly listed, and the company sought to expand its investor base by issuing American Depositary Receipts (ADRs), allowing American investors to easily purchase and hold shares. The ADR program facilitated cross-border investment and broadened the company's shareholder base.
Conclusion
This ADR is not just a financial document but a piece of history that reflects Deutsche Telekom's global expansion and its efforts to attract international investors. Collectors and historians value these documents for their historical significance and their role in the economic and financial development of multinational corporations.
