MTA » Topics » Foreword

This excerpt taken from the MTA 20-F filed May 21, 2009.



Dear Sir or Madam,


Deutsche Telekom Group and Magyar Telekom Group want to set standards, not only with an absolute service orientation, expertise and performance, but also the way in which we act ethically. This represents an important challenge for us all. We aim to ensure that our conduct is at all times faultless, virtuous and exemplary.


For this reason, we have developed this Code of Conduct based on our Group’s shared values. It applies to every member of the Group — the Board of Management, executives, and every employee worldwide. The Code sets out the principles that apply to both corporate and personal conduct at Deutsche Telekom and Magyar Telekom.


The Code of Conduct is a framework for orientation — not a detailed set of instructions on how to act — for everyone in the Group. It is the basis for an open, democratic, and legally sound corporate culture to which we are committed and which we have to fill with life each and every day. Breaches against the spirit of the Code of Conduct are therefore consistently followed up and action is taken against them, in the interests of all employees.


The full determination to provide our customers with the best possible products and services, together with a fair and trusting working relationship with our partners, are key guiding principles behind our behavior. We want to be perceived as a serious, credible and reliable partner — by shareholders, business partners and employees as well as by public authorities, institutions and the public. This is one of the key prerequisites for achieving our corporate goal of making Deutsche Telekom and Magyar Telekom the most highly regarded service Group in our industry.


René Obermann


Christopher Mattheisen

Chairman of the Board of Management


Magyar Telekom Plc.’s Chief

Executive Officer



Deutsche Telekom AG






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