Deutsche Telekom Targets €2.5B AI-Driven Savings by 2030
Key Facts
Deutsche Telekom expects to save around €2.5 billion in indirect costs by 2030 compared to 2023 levels. Reuters reported that the German group plans to achieve these cost reductions by expanding its use of artificial intelligence and automation technologies across its operations.
DTEGF closed at €29.3 on October 2, 2026, with the stock reaching a session high of €30.05 and a low of €29.3. The company aims to improve operational efficiency and margins through this long-term strategic goal by leveraging emerging technologies to automate processes and reduce overhead.
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Update: Deutsche Telekom expects AI to generate gross savings of approximately 1.1 billion euros outside the U.S. by 2027. This interim target serves as a milestone within the company's broader strategy to reduce costs through automation and modern technologies.