For Investors
Good employee-management relations drive strong corporate performance.
Deutsche Telekom AG is a transnational telecommunications company with operations in fifty countries. It has been forward-looking in its group-wide approach to labor-management relations, developing its own Social Charter that promises respect for international labor rights and environmental protection as well as signing on to the United Nations Global Compact that commits the company to universally recognized principles of human and labor rights, environmental stewardship, and transparency.
In Germany, DT acts within these forward-looking policies. It has respectful relationships with workers and the labor union representing them – ver.di. The company even praised its 2008 collective bargaining agreement as providing "a high level of planning security ... while also allowing employees to participate in the company's success." In its German operations, DT complies with its own Social Charter, respects the human rights standards of the International Labor Organization, and upholds the principle of freedom of association and the right to collective bargaining.
The reality in the United States is different. DT's subsidiary T-Mobile USA consistently defies U.S. labor laws and international standards. The company instructs its managers to maintain a "union-free" workforce and actively seeks to halt union organizing. As a result, T-Mobile USA employees have no contracts, no job security, and no recourse against arbitrary decisions and abuse by managers.
Investor News
Deutsche Telekom May Face Shareholder Ire on U.S. Acquisition
Deutsche Telekom AG, Europe’s largest phone company, may face shareholder opposition to any plan for a U.S. acquisition to bolster market share. For the full article in Bloomberg, click here.
T-Mobile Shareholders Demand Upswing
T-Mobile USA's top two shareholders want the wireless provider to be on the way to new profitability by the middle of next year -- or else -- according to the latest report of many swirling around the company. For the full article in Information Week, click here.
T-Mobile owner eyes multi-billion dollar bid for Sprint
The company's decision to call in Deutsche Bank comes hot on the heels of the agreed tie-up of its struggling T-Mobile UK business with Orange to create Britain's biggest mobile phone firm. For the full article in The Telegraph, click here.
T-Mobile USA Inc. Sued for Overtime Violations
The law firm of Pelton & Associates PC announces that it has recently filed a class and collective action lawsuit against T-Mobile USA Inc., one of the nation's largest mobile phone companies with over 800 wireless stores and approximately 33 million wireless subscribers. The lawsuit was brought as a nationwide opt-in collective action consisting of all persons who are or were employed by T-Mobile USA Inc. from July 10, 2006 to date as retail sales associates and supervisors and who were not paid regular wages for all hours worked or overtime wages for hours worked in excess of forty hours per week. The Complaint also asserts New York State Labor Law claims on behalf of a class of New York employees who worked for T-Mobile from July 10, 2003 to date, as well as California Wage Law claims on behalf of a class of California employees who worked for T-Mobile from July 10, 2006 to the present. For the full article in Reuters, click here.
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