Deutsche Telekom AG (abbreviated DT, ) is a German telecommunications company headquartered in Bonn. Deutsche Telekom was formed in 1996 as the former state-owned monopoly Deutsche Bundespost was privatized. As of June 2008, the German government still holds a 15% stake in company stock directly, and another 17% through the government bank KfW. The company is a component of the Euro Stoxx 50 stock market index.