The German government obtained nearly 1.1 billion euros in 2025 thanks to its direct holdings in nine companies, including Deutsche Telekom. According to the Ministry of Finance, these dividends strengthen the federal budget. For citizens, these funds could translate into more investment in public services or a reduction in taxes. Maintaining these state investments proves to be a solid fiscal strategy.
The weight of public holdings in technological development 💻
Beyond the economic benefit, state presence in companies like Deutsche Telekom allows the government to influence the development of key infrastructure, such as the expansion of fiber optics and 5G. As a shareholder, the State not only receives dividends but can also direct investments towards areas less profitable for the private sector. This model ensures that digitalization advances with public service criteria, not just immediate profitability.
The State, the shareholder who never misses a meeting 😄
That the government is a shareholder has its comical side: imagine the Minister of Finance sitting on Telekom's board asking why his data plan doesn't work in the basement. But jokes aside, receiving 1.1 billion without having to sell shares is a move any investor would envy. In the end, the State proves that, although slow, it knows how to collect dividends like the best of them.