Privately owned Magenta Telekom, headquartered in Austria, is a subsidiary of Deutsche Telekom. Founded in 1977, the company employs approximately 1100 individuals and reported $1.6B in revenue as of 2024. The company operates as the second largest mobile and fixed telecom provider in Austria, functioning as a tier 1 media tech buyer.

2024 Revenue

Founded

1977

Headcount

1,095

Headquarters

Austria

Primary Segment

Telecoms

Ownership

Privately Owned

News Summary:

Magenta Telekom reported a slight year-on-year revenue increase of 0.9 percent to EUR 1.50 billion in 2025, with EBITDA AL growing by 1.6 percent to EUR 555 million. The Deutsche Telekom subsidiary invested EUR 317 million last year, up 17 percent from 2024, to expand its infrastructure networks. Previously, on February 24, the company adopted Dagster as the core of its new data platform to modernize its infrastructure and reduce manual workflows, serving over 5 million customers with mobile internet and TV services. Earlier in the year, on January 21, Ookla Speedtest Awards confirmed Magenta Telekom's top position in internet speed, securing champion status in mobile, fixed-line internet, and 5G categories, including the fastest 5G network for both download and upload speeds, based on approximately 4.5 million measurements.

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Magenta Telekom offers 6 products in the connectivity and cloud and media and telecoms services industries. Magenta Telekom's product portfolio comprises of consumer electronics, enterprise connectivity services, telecoms and media and TV services.
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Magenta Telekom's revenues were over $1B in 2024. Caretta Research has split Magenta Telekom's revenue into 8 different product categories, the largest of which is enterprise fibre and private IP. For full access to Magenta Telekom's revenue breakdown subscribe to Caretta Portal.
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Examples of Magenta Telekom's suppliers include Mavenir, Google and Vistance Networks.

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Magenta Telekom currently holds 2 broadcasting rights for sports competitions including ice hockey.

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