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            As filed with the Securities and Exchange Commission on June 27, 2003
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            Registration No.
            333-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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            SECURITIES AND EXCHANGE COMMISSION
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            REGISTRATION STATEMENT<BR>ON<BR> FORM S-8<BR> UNDER THE SECURITIES ACT OF
            1933
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            Deutsche Telekom AG
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            (Exact name of Registrant as Specified in its Charter)
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                    ALIGN="center" VALIGN="bottom" COLSPAN="3">Federal Republic of Germany<BR><FONT
                        STYLE="font-weight: normal; font-style: normal">(State or Other
                        Jurisdiction<BR> of Incorporation or Organization)</FONT></TD>
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                    ALIGN="center" VALIGN="bottom" COLSPAN="3">4812<BR><FONT
                        STYLE="font-weight: normal; font-style: normal">(Primary Standard Industrial
                        Classification<BR> Code Number)</FONT></TD>
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                    ALIGN="" VALIGN="bottom" COLSPAN="3"><B>None<BR></B><FONT
                        STYLE="font-weight: normal; font-style: normal">(I.R.S. Employer<BR>
                        Identification Number)</FONT></TD>
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            Friedrich-Ebert-Allee 140<BR>53113 Bonn<BR>Germany<BR>(011 49)
            228-181-88880<BR><FONT STYLE="font-size: 8 1pt;"><FONT
            STYLE="font-weight: normal; font-style: normal">(Address of Principal Executive
            Offices, including zip code and telephone number of Registrant's principal
            executive offices)</FONT></FONT>
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            Deutsche Telekom AG Stock Option Plan 2001 &ndash; Tranche 2001<BR>
            Deutsche Telekom AG Stock Option Plan 2001 &ndash; Tranche 2002<BR><FONT
            STYLE="font-size: 8 1pt;"><FONT
            STYLE="font-weight: normal; font-style: normal">(Full Title of the
            Plan)</FONT></FONT>
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       STYLE="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 540pt; text-align: center; font-style: normal; line-height: 14pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: 0pt; padding-bottom: 0pt; background-color: #ffffff;">
            Klaus-Peter Statz<BR> Executive Vice President and Treasurer<BR> Deutsche
            Telekom, Inc.<BR>280 Park Avenue, 26<SUP>th</SUP> Floor<BR>New York, New York
            10017<BR>(212) 424-2900 (tel)<BR>(212) 424-2976 (fax)<BR><FONT
            STYLE="font-size: 8 1pt;"><FONT
            STYLE="font-weight: normal; font-style: normal">(Name, address and telephone
            number of agent for service)</FONT></FONT>
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            <FONT STYLE="font-weight: normal; font-style: normal">Copies to:</FONT>
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            A. Richard Susko, Esq.<BR>Cleary, Gottlieb, Steen &amp; Hamilton<BR> One
            Liberty Plaza<BR> New York, New York 10006<BR>(212) 225-2000 (tel)<BR> (212)
            225-3999 (fax)
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                   WIDTH="109"></TD>
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                   WIDTH="109"></TD>
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                   WIDTH="1"></TD>
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              ALIGN="center" VALIGN="bottom" COLSPAN="3">&nbsp;</TD>
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                   HEIGHT="1" WIDTH="2"></TD>
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              STYLE="font-family: serif; font-size: 8pt; color: #000000; font-weight: bold; font-style: normal; border-bottom: 3px double #000000 ;padding-top: 0pt
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              ALIGN="center" VALIGN="bottom" COLSPAN="3">&nbsp;</TD>
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                   HEIGHT="1" WIDTH="2"></TD>
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              STYLE="font-family: serif; font-size: 8pt; color: #000000; font-weight: bold; font-style: normal; border-bottom: 3px double #000000 ;padding-top: 0pt
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              ALIGN="center" VALIGN="bottom" COLSPAN="3">&nbsp;</TD>
              <TD STYLE="border-bottom: 3px double #000000"><IMG SRC="spacer.gif"
                   HEIGHT="1" WIDTH="2"></TD>
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              STYLE="font-family: serif; font-size: 8pt; color: #000000; font-weight: bold; font-style: normal; border-bottom: 3px double #000000 ;padding-top: 0pt
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              ALIGN="center" VALIGN="bottom" COLSPAN="3">&nbsp;</TD>
              <TD STYLE="border-bottom: 3px double #000000"><IMG SRC="spacer.gif"
                   HEIGHT="1" WIDTH="2"></TD>
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              STYLE="font-family: serif; font-size: 8pt; color: #000000; font-weight: bold; font-style: normal; border-bottom: 3px double #000000 ;padding-top: 0pt
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              ALIGN="center" VALIGN="bottom" COLSPAN="3">&nbsp;</TD>
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              STYLE="font-family: serif; font-size: 8pt; color: #000000; font-weight: bold; font-style: normal; border-bottom: 1px solid #000000 ;padding-top: 0pt
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              ALIGN="center" VALIGN="bottom" COLSPAN="3">Title of Securities<BR>to be
                   registered</TD>
              <TD STYLE="border-bottom: 1px solid #000000"><IMG SRC="spacer.gif"
                   HEIGHT="1" WIDTH="2"></TD>
              <TD
              STYLE="font-family: serif; font-size: 8pt; color: #000000; font-weight: bold; font-style: normal; border-bottom: 1px solid #000000 ;padding-top: 0pt
"
              ALIGN="center" VALIGN="bottom" COLSPAN="3">Amount to Be<BR> Registered(1)</TD>
              <TD STYLE="border-bottom: 1px solid #000000"><IMG SRC="spacer.gif"
                   HEIGHT="1" WIDTH="2"></TD>
              <TD
              STYLE="font-family: serif; font-size: 8pt; color: #000000; font-weight: bold; font-style: normal; border-bottom: 1px solid #000000 ;padding-top: 0pt
"
              ALIGN="center" VALIGN="bottom" COLSPAN="3">Proposed Maximum<BR> Offering Price
                   Per<BR> Share(2)</TD>
              <TD STYLE="border-bottom: 1px solid #000000"><IMG SRC="spacer.gif"
                   HEIGHT="1" WIDTH="2"></TD>
              <TD
              STYLE="font-family: serif; font-size: 8pt; color: #000000; font-weight: bold; font-style: normal; border-bottom: 1px solid #000000 ;padding-top: 0pt
"
              ALIGN="center" VALIGN="bottom" COLSPAN="3">Proposed<BR>Maximum<BR>
                   Aggregate<BR> Offering<BR>Price(2)</TD>
              <TD STYLE="border-bottom: 1px solid #000000"><IMG SRC="spacer.gif"
                   HEIGHT="1" WIDTH="2"></TD>
              <TD
              STYLE="font-family: serif; font-size: 8pt; color: #000000; font-weight: bold; font-style: normal; border-bottom: 1px solid #000000 ;padding-top: 0pt
"
              ALIGN="center" VALIGN="bottom" COLSPAN="3">Amount
                   of<BR>Registration<BR>Fee(2)</TD>
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            <TR>
              <TD
              STYLE="font-family: serif; font-size: 8pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 1px solid #000000 ;padding-left: 10pt; text-indent: -10pt;padding-top: 0pt
"
              ALIGN="left" VALIGN="top" COLSPAN="3">Ordinary Shares of Deutsche Telekom AG
                   &ndash; Tranche 2001</TD>
              <TD STYLE="border-bottom: 1px solid #000000"><IMG SRC="spacer.gif"
                   HEIGHT="1" WIDTH="2"></TD>
              <TD
              STYLE="font-family: serif; font-size: 8pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 1px solid #000000 ;padding-top: 0pt
"
              ALIGN="right" VALIGN="top" COLSPAN="1">&nbsp;</TD>
              <TD
              STYLE="font-family: serif; font-size: 8pt; color: #000000; font-weight: normal;  font-style: normal;  border-bottom: 1px solid #000000 ; padding-left: 0pt; text-indent: 0pt;  padding-top: 0pt
"
              ALIGN="right" VALIGN="top" COLSPAN="1" NOWRAP="nowrap"><FONT
                   STYLE="background-color: #ffffff;">87,620</FONT></TD>
              <TD
              STYLE="font-family: serif; font-size: 8pt; color: #000000; font-weight: normal; font-style: normal;     border-bottom: 1px solid #000000  padding-top: 0pt

  "
              ALIGN="left" VALIGN="top" NOWRAP="nowrap">&nbsp;</TD>
              <TD STYLE="border-bottom: 1px solid #000000"><IMG SRC="spacer.gif"
                   HEIGHT="1" WIDTH="2"></TD>
              <TD
              STYLE="font-family: serif; font-size: 8pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 1px solid #000000 ;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
              ALIGN="center" VALIGN="top" COLSPAN="3">&euro;30.00<BR>($34.50)<BR></TD>
              <TD STYLE="border-bottom: 1px solid #000000"><IMG SRC="spacer.gif"
                   HEIGHT="1" WIDTH="2"></TD>
              <TD
              STYLE="font-family: serif; font-size: 8pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 1px solid #000000 ;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
              ALIGN="center" VALIGN="top" COLSPAN="3">&euro;2,628,600<BR>
                   ($3,022,890)<BR></TD>
              <TD STYLE="border-bottom: 1px solid #000000"><IMG SRC="spacer.gif"
                   HEIGHT="1" WIDTH="2"></TD>
              <TD
              STYLE="font-family: serif; font-size: 8pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 1px solid #000000 ;padding-top: 0pt
"
              ALIGN="RIGHT" VALIGN="top" COLSPAN="1">$</TD>
              <TD
              STYLE="font-family: serif; font-size: 8pt; color: #000000; font-weight: normal;  font-style: normal;  border-bottom: 1px solid #000000 ; padding-left: 0pt; text-indent: 0pt;  padding-top: 0pt
"
              ALIGN="center" VALIGN="top" COLSPAN="1" NOWRAP="nowrap"><FONT
                   STYLE="background-color: #ffffff;">244.56</FONT></TD>
              <TD
              STYLE="font-family: serif; font-size: 8pt; color: #000000; font-weight: normal; font-style: normal;     border-bottom: 1px solid #000000  padding-top: 0pt

  "
              ALIGN="left" VALIGN="top" NOWRAP="nowrap">&nbsp;</TD>
            </TR>
            <TR>
              <TD
              STYLE="font-family: serif; font-size: 8pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 1px solid #000000 ;padding-left: 10pt; text-indent: -10pt;padding-top: 0pt
"
              ALIGN="left" VALIGN="top" COLSPAN="3">Ordinary Shares of Deutsche Telekom AG
                   &ndash; Tranche 2002</TD>
              <TD STYLE="border-bottom: 1px solid #000000"><IMG SRC="spacer.gif"
                   HEIGHT="1" WIDTH="2"></TD>
              <TD
              STYLE="font-family: serif; font-size: 8pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 1px solid #000000 ;padding-top: 0pt
"
              ALIGN="right" VALIGN="top" COLSPAN="1">&nbsp;</TD>
              <TD
              STYLE="font-family: serif; font-size: 8pt; color: #000000; font-weight: normal;  font-style: normal;  border-bottom: 1px solid #000000 ; padding-left: 0pt; text-indent: 0pt;  padding-top: 0pt
"
              ALIGN="right" VALIGN="top" COLSPAN="1" NOWRAP="nowrap"><FONT
                   STYLE="background-color: #ffffff;">53,510</FONT></TD>
              <TD
              STYLE="font-family: serif; font-size: 8pt; color: #000000; font-weight: normal; font-style: normal;     border-bottom: 1px solid #000000  padding-top: 0pt

  "
              ALIGN="left" VALIGN="top" NOWRAP="nowrap">&nbsp;</TD>
              <TD STYLE="border-bottom: 1px solid #000000"><IMG SRC="spacer.gif"
                   HEIGHT="1" WIDTH="2"></TD>
              <TD
              STYLE="font-family: serif; font-size: 8pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 1px solid #000000 ;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
              ALIGN="center" VALIGN="top" COLSPAN="3">&euro;12.36<BR>($14.21)<BR></TD>
              <TD STYLE="border-bottom: 1px solid #000000"><IMG SRC="spacer.gif"
                   HEIGHT="1" WIDTH="2"></TD>
              <TD
              STYLE="font-family: serif; font-size: 8pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 1px solid #000000 ;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
              ALIGN="center" VALIGN="top"
              COLSPAN="3">&euro;661,383.60<BR>($760,377.10)<BR></TD>
              <TD STYLE="border-bottom: 1px solid #000000"><IMG SRC="spacer.gif"
                   HEIGHT="1" WIDTH="2"></TD>
              <TD
              STYLE="font-family: serif; font-size: 8pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 1px solid #000000 ;padding-top: 0pt
"
              ALIGN="RIGHT" VALIGN="top" COLSPAN="1">$</TD>
              <TD
              STYLE="font-family: serif; font-size: 8pt; color: #000000; font-weight: normal;  font-style: normal;  border-bottom: 1px solid #000000 ; padding-left: 0pt; text-indent: 0pt;  padding-top: 0pt
"
              ALIGN="center" VALIGN="top" COLSPAN="1" NOWRAP="nowrap"><FONT
                   STYLE="background-color: #ffffff;">&nbsp;&nbsp;61.52</FONT></TD>
              <TD
              STYLE="font-family: serif; font-size: 8pt; color: #000000; font-weight: normal; font-style: normal;     border-bottom: 1px solid #000000  padding-top: 0pt

  "
              ALIGN="left" VALIGN="top" NOWRAP="nowrap">&nbsp;</TD>
            </TR>
            <TR>
              <TD
              STYLE="font-family: serif; font-size: 8pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 1px solid #000000 ;padding-left: 10pt; text-indent: -10pt;padding-top: 0pt
"
              ALIGN="left" VALIGN="top" COLSPAN="3">Total:</TD>
              <TD STYLE="border-bottom: 1px solid #000000"><IMG SRC="spacer.gif"
                   HEIGHT="1" WIDTH="2"></TD>
              <TD
              STYLE="font-family: serif; font-size: 8pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 1px solid #000000 ;padding-top: 0pt
"
              ALIGN="right" VALIGN="top" COLSPAN="1">&nbsp;</TD>
              <TD
              STYLE="font-family: serif; font-size: 8pt; color: #000000; font-weight: normal;  font-style: normal;  border-bottom: 1px solid #000000 ; padding-left: 0pt; text-indent: 0pt;  padding-top: 0pt
"
              ALIGN="right" VALIGN="top" COLSPAN="1" NOWRAP="nowrap"><FONT
                   STYLE="background-color: #ffffff;">141,130</FONT></TD>
              <TD
              STYLE="font-family: serif; font-size: 8pt; color: #000000; font-weight: normal; font-style: normal;     border-bottom: 1px solid #000000  padding-top: 0pt

  "
              ALIGN="left" VALIGN="top" NOWRAP="nowrap">&nbsp;</TD>
              <TD STYLE="border-bottom: 1px solid #000000"><IMG SRC="spacer.gif"
                   HEIGHT="1" WIDTH="2"></TD>
              <TD
              STYLE="font-family: serif; font-size: 8pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 1px solid #000000 ;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
              ALIGN="left" VALIGN="top" COLSPAN="3">&nbsp;</TD>
              <TD STYLE="border-bottom: 1px solid #000000"><IMG SRC="spacer.gif"
                   HEIGHT="1" WIDTH="2"></TD>
              <TD
              STYLE="font-family: serif; font-size: 8pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 1px solid #000000 ;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
              ALIGN="center" VALIGN="top"
              COLSPAN="3">&euro;3,298,986.30<BR>($3,783,267.10)</TD>
              <TD STYLE="border-bottom: 1px solid #000000"><IMG SRC="spacer.gif"
                   HEIGHT="1" WIDTH="2"></TD>
              <TD
              STYLE="font-family: serif; font-size: 8pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 1px solid #000000 ;padding-top: 0pt
"
              ALIGN="right" VALIGN="top" COLSPAN="1">$</TD>
              <TD
              STYLE="font-family: serif; font-size: 8pt; color: #000000; font-weight: normal;  font-style: normal;  border-bottom: 1px solid #000000 ; padding-left: 0pt; text-indent: 0pt;  padding-top: 0pt
"
              ALIGN="right" VALIGN="top" COLSPAN="1" NOWRAP="nowrap"><FONT
                   STYLE="background-color: #ffffff;">306.08</FONT></TD>
              <TD
              STYLE="font-family: serif; font-size: 8pt; color: #000000; font-weight: normal; font-style: normal;     border-bottom: 1px solid #000000  padding-top: 0pt

  "
              ALIGN="left" VALIGN="top" NOWRAP="nowrap">&nbsp;</TD>
            </TR>
            <TR>
              <TD><IMG SRC="spacer.gif" HEIGHT="10" WIDTH="1"></TD>
            </TR>
       </TABLE>
       <TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" WIDTH="702">
            <TR>
              <TD ALIGN="right" VALIGN="top"
              STYLE="font-family:serif;font-weight:normal;color:#000000;font-size: 8pt;  width: 18pt; padding-left: 0pt; text-align: left">(1)</TD>

              <TD ALIGN="left"
              STYLE="font-family:serif;font-weight:normal;color:#000000;font-size: 8pt;  padding-bottom: 6pt;">Consists
                   of ordinary shares (the "Shares") of Deutsche Telekom AG ("Deutsche Telekom" or
                   the "Corporation") which will be deliverable pursuant to the exercise of the
                   stock options (the "Options") granted under the Deutsche Telekom AG Stock
                   Option Plan 2001 &ndash; Tranche 2001 and the Deutsche Telekom AG Stock Option
                   Plan 2001 &ndash; Tranche 2002 (the "Plans"). Pursuant to Rule 416(a), this
                   Registration Statement also covers additional securities that may be offered as
                   a result of stock splits, stock dividends or similar events.</TD>
            </TR>
       </TABLE>
       <TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" WIDTH="702">
            <TR>
              <TD ALIGN="right" VALIGN="top"
              STYLE="font-family:serif;font-weight:normal;color:#000000;font-size: 8pt;  width: 18pt; padding-left: 0pt; text-align: left">(2)</TD>

              <TD ALIGN="left"
              STYLE="font-family:serif;font-weight:normal;color:#000000;font-size: 8pt;  padding-bottom: 6pt;">Calculated
                   pursuant to Rule 457(h) under the Securities Act of 1933, as amended (the
                   "Securities Act") based on the respective prices at which such options may be
                   exercised in euros and converted into U.S. dollars based on the New York
                   foreign exchange mid-range rate of $1 = &euro;.87 (&euro;1= $1.15) as quoted on
                   June 23, 2003 by Reuters and other sources and published in the Wall Street
                   Journal on June 24, 2003 for the day ended June 23, 2003. As noted in the
                   table, the Shares are subject to purchase upon the exercise of Options granted
                   with the following exercise prices: 87,620 Shares are subject to purchase at an
                   exercise price of &euro;30.00 per Share and 53,510 Shares are subject to
                   purchase at an exercise price of &euro;12.36 per Share.</TD>
            </TR>
       </TABLE>
       <TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="702">
            <TR>
              <TD><IMG SRC="spacer.gif" HEIGHT="3" WIDTH="1"></TD>
            </TR>
            <TR>
              <TD BGCOLOR="#000000"><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="1"></TD>
            </TR>
            <TR>
              <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="1"></TD>
            </TR>
            <TR>
              <TD BGCOLOR="#000000"><IMG SRC="spacer.gif" HEIGHT="3" WIDTH="1"></TD>
            </TR>
            <TR>
              <TD><IMG SRC="spacer.gif" HEIGHT="3" WIDTH="1"></TD>
            </TR>
       </TABLE><PAGE>
       <P
       STYLE="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: 0pt; padding-bottom: 0pt; background-color: #ffffff;">
            PART I
       </P>
       <P
       STYLE="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: 0pt; padding-bottom: 0pt; background-color: #ffffff;">
            INFORMATION REQUIRED IN SECTION 10(a) PROSPECTUS
       </P>
       <P
       STYLE="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: 0pt; padding-bottom: 0pt; background-color: #ffffff;">
            Item 1. <U>Plan Information</U>.
       </P>
       <TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" WIDTH="593">
            <TR>
              <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="46"></TD>
              <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="547"></TD>
            </TR>
            <TR>
              <TD ALIGN="right" VALIGN="top"
              STYLE="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 0pt; text-align: left;  font-style: ;"></TD>

              <TD
              STYLE="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-bottom: 6pt; text-align: left; font-style: ;">Not
                   filed as part of this Registration Statement pursuant to Note to Part 1 of Form
                   S-8.</TD>
            </TR>
       </TABLE>
       <P
       STYLE="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: 0pt; padding-bottom: 0pt; background-color: #ffffff;">
            Item 2. <U>Registrant Information and Employee Plan Annual
            Information</U>.
       </P>
       <TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" WIDTH="593">
            <TR>
              <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="46"></TD>
              <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="547"></TD>
            </TR>
            <TR>
              <TD ALIGN="right" VALIGN="top"
              STYLE="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 0pt; text-align: left;  font-style: ;"></TD>

              <TD
              STYLE="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-bottom: 6pt; text-align: left; font-style: ;">Not
                   filed as part of this Registration Statement pursuant to Note to Part 1 of Form
                   S-8.</TD>
            </TR>
       </TABLE><PAGE>
       <P
       STYLE="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: 0pt; padding-bottom: 0pt; background-color: #ffffff;">
            PART II
       </P>
       <P
       STYLE="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: 0pt; padding-bottom: 0pt; background-color: #ffffff;">
            INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
       </P>
       <P
       STYLE="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: 0pt; padding-bottom: 0pt; background-color: #ffffff;">
            Item 3. <U>Incorporation of Documents by Reference</U>.
       </P>
       <P
       STYLE="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
            The following documents, which previously have been filed by the
            Corporation with the Securities and Exchange Commission (the "Commission"), are
            incorporated herein by reference and made a part hereof:
       </P>
       <P
       STYLE="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
            (i)&nbsp;&nbsp;&nbsp;&nbsp;The Corporation's Annual Report on Form 20-F/A
            for the fiscal year ended December 31, 2002, filed with the Commission on June
            27, 2003;
       </P>
       <P
        STYLE="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
            (ii)&nbsp;&nbsp;&nbsp;&nbsp;The Corporation's Report on Form 6-K/A for
            the quarterly period ended March 31, 2003, filed with the Commission on June
            26, 2003;
       </P>
       <P
       STYLE="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
            (iii)&nbsp;&nbsp;&nbsp;&nbsp;The Corporation's Report on Form 6-K for the
            month of June 2003, filed with the Commission on June 26, 2003;
       </P>
       <P
        STYLE="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
            (iv)&nbsp;&nbsp;&nbsp;&nbsp;All other reports filed pursuant to Section
            13(a) or 15(d) of the Securities Exchange Act of 1934, as amended (the
            "Exchange Act"), since the end of the fiscal year ended December 31, 2002; and
       </P>
       <P
        STYLE="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
            (v)&nbsp;&nbsp;&nbsp;&nbsp;The description of the Shares contained in the
            Corporation's Registration Statement on Form 8-A dated November 3, 1996.
       </P>
       <P
       STYLE="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
            All reports and other documents filed by the Corporation pursuant to
            Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date
            of this Registration Statement and prior to the filing of a post-effective
            amendment hereto, which indicates that all securities offered hereunder have
            been sold or which deregisters all securities remaining unsold, shall be deemed
            to be incorporated by reference in this registration statement and to be a part
            hereof from the date of filing of such documents.
       </P>
       <P
       STYLE="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
            For purposes of this Registration Statement, any document or any
            statement contained in a document incorporated or deemed to be incorporated
            herein by reference shall be deemed to be modified or superseded to the extent
            that a subsequently filed document or a statement contained herein or in any
            other subsequently filed document which also is or is deemed to be incorporated
            herein by reference modifies or supersedes such document or such statement in
            such document. Any statement so modified or superseded shall not be deemed,
            except as so modified or superseded, to constitute a part of this Registration
            Statement.
       </P>
       <P
       STYLE="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: 0pt; padding-bottom: 0pt; background-color: #ffffff;">
            Item 4. <U>Description of Securities</U>.
       </P>
       <P
       STYLE="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
            Not applicable.
       </P>
       <P
       STYLE="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: 0pt; padding-bottom: 0pt; background-color: #ffffff;">
            Item 5. <U>Interests of Named Experts and Counsel</U>.
       </P>
       <P
       STYLE="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
            The validity of the Shares will be passed upon for us by Dr. Manfred
            Balz, our General Counsel. Dr. Balz is a full time employee of the Corporation
            and may be eligible to participate in the Plans and receive Shares thereunder.
            Dr. Balz currently holds less than 0.01% of our outstanding ordinary shares.
       </P>
       <P
       STYLE="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: 0pt; padding-bottom: 0pt; background-color: #ffffff;">
            Item 6. <U>Indemnification of Directors and Officers</U>.
       </P>
       <P
       STYLE="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
            Under German law, a corporation may indemnify its officers, and, under
            certain circumstances, German labor law requires a stock corporation to do so.
            However, a corporation may not, as a general matter, indemnify members of the
            management board or the supervisory board. A German stock corporation may,
            however, purchase directors' and officers' insurance. The insurance may be
            subject to any mandatory restrictions imposed by German law. In addition,
            German law may permit a corporation to indemnify a member of the management
            board or the supervisory board for attorneys' fees incurred if such member is
            the successful party in a suit in a country, like the United States, where
            winning parties are required to bear their own costs, if German law would have
            required the losing party to pay the member's attorneys' fees had the suit been
            brought in Germany.
       </P>
       <PAGE>
       <P
        STYLE="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
            Members of the Corporation's Supervisory Board and Management Board and
            officers of the Corporation will be covered by customary liability insurance,
            including insurance against liabilities under the Securities Act.
       </P>
       <P
       STYLE="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: 0pt; padding-bottom: 0pt; background-color: #ffffff;">
            Item 7. <U>Exemption from Registration Claimed</U>.
       </P>
       <P
       STYLE="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
            Not applicable.
       </P>
       <P
       STYLE="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: 0pt; padding-bottom: 0pt; background-color: #ffffff;">
            Item 8. <U>Exhibits</U>.
       </P>
       <P
       STYLE="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
            Unless otherwise indicated below as being incorporated by reference to
            another filing of the Corporation with the Commission, each of the following
            exhibits is filed herewith:
       </P>
       <IMG SRC="spacer.gif" HEIGHT="10" WIDTH="1"><BR>
       <DIV STYLE="width: 593; ">
            <TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" ALIGN="center"
            WIDTH="593" BGCOLOR="#ffffff">
              <TR>
                   <TD HEIGHT="1" WIDTH="15"><IMG SRC="spacer.gif" HEIGHT="1"
                        WIDTH="1"></TD>
                   <TD HEIGHT="1" WIDTH="10"><IMG SRC="spacer.gif" HEIGHT="1"
                        WIDTH="78"></TD>
                   <TD HEIGHT="1" WIDTH="25"><IMG SRC="spacer.gif" HEIGHT="1"
                        WIDTH="1"></TD>
                   <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="8"></TD>
                   <TD HEIGHT="1" WIDTH="15"><IMG SRC="spacer.gif" HEIGHT="1"
                        WIDTH="1"></TD>
                   <TD HEIGHT="1" WIDTH="10"><IMG SRC="spacer.gif" HEIGHT="1"
                        WIDTH="515"></TD>
                   <TD HEIGHT="1" WIDTH="25"><IMG SRC="spacer.gif" HEIGHT="1"
                        WIDTH="1"></TD>
              </TR>
              <TR>
                   <TD
                   STYLE="font-family: serif; font-size: 8pt; color: #000000; font-weight: bold; font-style: normal; border-bottom: 1px solid #000000 ;padding-top: 0pt
"
                   ALIGN="left" VALIGN="bottom" COLSPAN="3">Exhibit No.</TD>
                   <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="2"></TD>
                   <TD
                   STYLE="font-family: serif; font-size: 8pt; color: #000000; font-weight: bold; font-style: normal; border-bottom: 1px solid #000000 ;padding-top: 0pt
"
                   ALIGN="left" VALIGN="bottom" COLSPAN="3">Description</TD>
              </TR>
              <TR>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                   ALIGN="left" VALIGN="top" COLSPAN="3">4.1*</TD>
                   <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="2"></TD>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                   ALIGN="left" VALIGN="top" COLSPAN="3">Memorandum and Articles of Association of
                        Deutsche Telekom AG (filed as Exhibit 1.1 to the Corporation's Annual Report on
                        Form 20-F/A for the fiscal year ended December 31, 2002, filed with the
                        Commission on June 27, 2003)</TD>
              </TR>
              <TR>
                   <TD
                    STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                    ALIGN="left" VALIGN="top" COLSPAN="3">4.2</TD>
                   <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="2"></TD>
                   <TD
                    STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                    ALIGN="left" VALIGN="top" COLSPAN="3">Deutsche Telekom AG Stock Option Plan
                        2001 &ndash; Tranche 2001</TD>
              </TR>
              <TR>
                   <TD
                    STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                    ALIGN="left" VALIGN="top" COLSPAN="3">4.3</TD>
                   <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="2"></TD>
                   <TD
                    STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                    ALIGN="left" VALIGN="top" COLSPAN="3">Deutsche Telekom AG Stock Option Plan
                        2001 &ndash; Tranche 2002</TD>
              </TR>
              <TR>
                   <TD
                    STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                    ALIGN="left" VALIGN="top" COLSPAN="3">5.1</TD>
                   <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="2"></TD>
                   <TD
                    STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                    ALIGN="left" VALIGN="top" COLSPAN="3">Opinion of Dr. Manfred Balz, General
                        Counsel to the Corporation, as to the validity of the securities being
                        registered</TD>
              </TR>
              <TR>
                   <TD
                    STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                    ALIGN="left" VALIGN="top" COLSPAN="3">23.1</TD>
                   <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="2"></TD>
                   <TD
                    STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                    ALIGN="left" VALIGN="top" COLSPAN="3">Consent of Dr. Manfred Balz, General
                        Counsel to the Corporation (included in Exhibit 5.1)</TD>
              </TR>
              <TR>
                   <TD
                    STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                    ALIGN="left" VALIGN="top" COLSPAN="3">23.2</TD>
                   <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="2"></TD>
                   <TD
                    STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                    ALIGN="left" VALIGN="top" COLSPAN="3">Consent of Ernst &amp; Young
                        Deutsche<BR>Allgemeine Treuhand AG and PwC Deutsche Revision
                        Aktiengesellschaft, Wirtschaftspruefungsgesellschaft<BR></TD>
              </TR>
              <TR>
                   <TD
                    STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                    ALIGN="left" VALIGN="top" COLSPAN="3">23.3</TD>
                   <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="2"></TD>
                   <TD
                    STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                    ALIGN="left" VALIGN="top" COLSPAN="3">Consent of PwC Deutsche Revision
                        Aktiengesellschaft, Wirtschaftspruefungsgesellschaft</TD>
              </TR>
              <TR>
                   <TD
                    STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                    ALIGN="left" VALIGN="top" COLSPAN="3">23.4</TD>
                   <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="2"></TD>
                   <TD
                    STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                    ALIGN="left" VALIGN="top" COLSPAN="3">Consent of PricewaterhouseCoopers
                        Accountants N.V.</TD>
              </TR>
              <TR>
                   <TD
                    STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                    ALIGN="left" VALIGN="top" COLSPAN="3">23.5</TD>
                   <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="2"></TD>
                   <TD
                    STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                    ALIGN="left" VALIGN="top" COLSPAN="3">Consent of ZAO Deloitte &amp; Touche
                        CIS</TD>
              </TR>
              <TR>
                   <TD
                    STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                    ALIGN="left" VALIGN="top" COLSPAN="3">23.6</TD>
                   <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="2"></TD>
                   <TD
                    STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                    ALIGN="left" VALIGN="top" COLSPAN="3">Consent of PwC Deutsche Revision
                        Aktiengesellschaft, Wirtschaftspruefungsgesellschaft</TD>
              </TR>
              <TR>
                   <TD
                    STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                    ALIGN="left" VALIGN="top" COLSPAN="3">23.7</TD>
                   <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="2"></TD>
                   <TD
                    STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                    ALIGN="left" VALIGN="top" COLSPAN="3">Statement regarding consents of Arthur
                        Andersen LLP and Arthur Andersen Sp. z o.o.</TD>
              </TR>
              <TR>
                   <TD
                    STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                    ALIGN="left" VALIGN="top" COLSPAN="3">24</TD>
                   <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="2"></TD>
                   <TD
                    STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                    ALIGN="left" VALIGN="top" COLSPAN="3">Power of Attorney (included on the
                        signature page)</TD>
              </TR>
              <TR>
                   <TD><IMG SRC="spacer.gif" HEIGHT="10" WIDTH="1"></TD>
              </TR>
            </TABLE></DIV><!--0-->
       <TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="593">
            <TR>
              <TD><IMG SRC="spacer.gif" WIDTH="1" HEIGHT="8"></TD>
            </TR>
            <TR>
              <TD BGCOLOR="#000000"><IMG SRC="spacer.gif" HEIGHT="1"><IMG
                   SRC="spacer.gif" HEIGHT="1" WIDTH="60"></TD>
              <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="533"></TD>
            </TR>
            <TR>
              <TD><IMG SRC="spacer.gif" HEIGHT="8" WIDTH="1"></TD>
            </TR>
       </TABLE>
       <P
        STYLE="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 0pt; background-color: #ffffff">
            * Incorporated by reference
       </P>
       <P
        STYLE="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: 0pt; padding-bottom: 0pt; background-color: #ffffff;">
            Item 9. <U>Undertakings</U>.
       </P>
       <P
        STYLE="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
            (a) The undersigned Registrant hereby undertakes:
       </P>
       <P
        STYLE="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 40pt; background-color: #ffffff">
            (1) To file, during any period in which offers or sales are being made, a
            post-effective amendment to this Registration Statement: (i) to include any
            prospectus required by Section 10(a)(3) of the Securities Act; (ii) to reflect
            in the prospectus any facts or events arising after the effective date of the
            Registration Statement (or the most recent post-effective amendment thereof)
            which, individually or in the aggregate, represent a fundamental change in the
            information set forth in the Registration Statement; (iii) to include any
            material information with respect to the plan of distribution not previously
            disclosed in the Registration Statement or any material change to such
            information in the Registration Statement; <U>provided</U>, <U>however</U>,
            that paragraphs (a)(1)(i) and (a)(1)(ii) do not apply if the information
            required to be included in a post-effective amendment by those paragraphs is
            contained in periodic reports filed with or furnished to the Commission by the
            Registrant pursuant to Section 13 or 15(d) of the Exchange Act that are
            incorporated by reference in the Registration Statement.
       </P>
       <PAGE>
       <P
        STYLE="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 40pt; background-color: #ffffff">
            (2) That, for the purpose of determining any liability under the
            Securities Act, each such post-effective amendment shall be deemed to be a new
            registration statement relating to the securities offered therein, and the
            offering of such securities at that time shall be deemed to be the initial
            <U>bona</U>&nbsp;<U>fide</U> offering thereof.
       </P>
       <P
        STYLE="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 40pt; background-color: #ffffff">
            (3) To remove from registration by means of a post-effective amendment
            any of the securities being registered which remain unsold at the termination
            of the offering.
       </P>
       <P
        STYLE="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
            (b) The undersigned Registrant hereby undertakes that, for purposes of
            determining any liability under the Securities Act, each filing of the
            Registrant's annual report pursuant to Section 13(a) or 15(d) of the Exchange
            Act (and, where applicable, each filing of the employee benefit plan's annual
            report pursuant to Section 15(d) of the Exchange Act) that is incorporated by
            reference in the Registration Statement shall be deemed to be a new
            registration statement relating to the securities offered therein, and the
            offering of such securities at that time shall be deemed to be the initial
            <U>bona</U>&nbsp;<U>fide</U> offering thereof.
       </P>
       <P
        STYLE="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">
            (c) Insofar as indemnification for liabilities arising under the
            Securities Act may be permitted to directors, officers and controlling persons
            of the Registrant pursuant to the foregoing provisions, or otherwise, the
            Registrant has been advised that in the opinion of the Commission such
            indemnification is against public policy as expressed in the Securities Act and
            is, therefore, unenforceable. In the event that a claim for indemnification
            against such liabilities (other than the payment by the Registrant of expenses
            incurred or paid by a director, officer or controlling person of the Registrant
            in the successful defense of any action, suit or proceeding) is asserted by
            such director, officer or controlling person in connection with the securities
            being registered, the Registrant will, unless in the opinion of its counsel the
            matter has been settled by controlling precedent, submit to a court of
            appropriate jurisdiction the question whether such indemnification by it is
            against public policy as expressed in the Securities Act and will be governed
            by the final adjudication of such issue.
       </P>
       <PAGE>
       <P ALIGN="center">
            <B> SIGNATURES</B>
       </P>
       <P>
            &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to
            the requirements of the Securities Act of 1933, Deutsche Telekom AG certifies
            that it has reasonable grounds to believe that it meets all of the requirements
            for filing on Form S-8 and has duly caused this registration statement to be
            signed on its behalf by the undersigned, thereunto duly authorized, in the City
            of Bonn, Germany, on this 26th day of June, 2003.
       </P>
       <TABLE WIDTH="100%" BORDER="0">
            <TR VALIGN="TOP">
              <TD WIDTH="47%" VALIGN="TOP">&nbsp;</TD>
              <TD VALIGN="TOP" COLSPAN="2" WIDTH="3%">DEUTSCHE TELEKOM AG</TD>
            </TR>
            <TR VALIGN="TOP">
              <TD WIDTH="47%" VALIGN="TOP">&nbsp;</TD>
              <TD VALIGN="TOP" COLSPAN="2" WIDTH="3%">&nbsp;</TD>
            </TR>
            <TR VALIGN="TOP">
              <TD WIDTH="47%" VALIGN="TOP">&nbsp;</TD>
              <TD VALIGN="TOP" COLSPAN="2" WIDTH="3%">&nbsp;</TD>
            </TR>
            <TR VALIGN="TOP">
              <TD WIDTH="47%" VALIGN="TOP">&nbsp;</TD>
              <TD VALIGN="TOP" COLSPAN="2" WIDTH="3%">&nbsp;</TD>
            </TR>
            <TR VALIGN="TOP">
              <TD WIDTH="47%" VALIGN="TOP"></TD>
              <TD VALIGN="TOP" WIDTH="3%">By:</TD>
              <TD WIDTH="50%" VALIGN="TOP"> <U>s/ Kai-Uwe Ricke</U> <BR>Name: Kai-Uwe
                   Ricke <BR>Title: Chairman of the Management Board </TD>
            </TR>
            <TR>
              <TD></TD>
            </TR>
            <TR VALIGN="TOP">
              <TD WIDTH="47%" VALIGN="TOP">&nbsp;</TD>
              <TD VALIGN="TOP" WIDTH="3%">By:</TD>
              <TD WIDTH="50%" VALIGN="TOP"><U>s/ Dr. Karl-Gerhard Eick</U> <BR>Name:
                   Dr. Karl-Gerhard Eick <BR>Title: Deputy Chairman of the Management<BR>Board
                   Finance and Controlling </TD>
            </TR>
       </TABLE>
       <P ALIGN="center">
            <B>POWER OF ATTORNEY</B>
       </P>
       <P>
            &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each of the
            undersigned hereby constitutes and appoints each director named below his true
            and lawful attorneys-in-fact, each with power of substitution, in his name,
            place and stead, in any and all capacities, to sign any or all amendments,
            including post-effective amendments, and supplements to this Registration
            Statement, and to file the same, with all exhibits thereto and other documents
            in connection therewith, with the Securities and Exchange Commission, hereby
            ratifying and confirming all that said attorneys-in-fact, or his substitute or
            substitutes, may lawfully do or cause to be done by virtue hereof.
       </P>
       <P>
            &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to
            the requirements of the Securities Act of 1933, this registration statement has
            been signed by the following persons in the capacities listed below as of the
            26th day of June, 2003.
       </P>
       <TABLE FRAME="BORDER" CELLSPACING="1" WIDTH="100%" BORDER="0">
            <TR VALIGN="TOP">
              <TD ALIGN="Left" VALIGN="Top" WIDTH="45%"> <U>Signatures</U> </TD>
              <TD ALIGN="Left" VALIGN="Top" WIDTH="55%"> <U>Title</U> </TD>
            </TR>
            <TR VALIGN="TOP">
              <TD ALIGN="Left" VALIGN="Top" WIDTH="45%">&nbsp;</TD>
              <TD ALIGN="Left" VALIGN="Top" WIDTH="55%">&nbsp;</TD>
            </TR>
            <TR>
              <TD ALIGN="Left" VALIGN="Top" WIDTH="45%"> <U>s/ Kai-Uwe Ricke</U>
                   </TD>
              <TD ALIGN="Left" VALIGN="Top" WIDTH="55%"> Chairman of the Management
                   Board (Principal </TD>
            </TR>
            <TR>
              <TD ALIGN="Left" VALIGN="Top" WIDTH="45%"> Kai-Uwe Ricke </TD>
              <TD ALIGN="Left" VALIGN="Top" WIDTH="55%"> Executive Officer) </TD>
            </TR>
       </TABLE>
       <P>
       </P>
       <PAGE>
       <TABLE FRAME="BORDER" CELLSPACING="1" WIDTH="100%" BORDER="0">
            <TR VALIGN="TOP">
              <TD ALIGN="Left" VALIGN="Top" WIDTH="45%"> <U>s/ Dr. Karl-Gerhard
                   Eick</U> </TD>
              <TD ALIGN="Left" VALIGN="Top" WIDTH="55%"> Deputy Chairman of the
                   Management Board </TD>
            </TR>
            <TR VALIGN="TOP">
              <TD ALIGN="Left" VALIGN="Top" WIDTH="45%"> Dr. Karl-Gerhard Eick </TD>
              <TD ALIGN="Left" VALIGN="Top" WIDTH="55%"> Finance and Controlling
                   (Principal Financial and Accounting Officer) </TD>
            </TR>
            <TR VALIGN="TOP">
              <TD ALIGN="Left" VALIGN="Top" WIDTH="45%">&nbsp;</TD>
              <TD ALIGN="Left" VALIGN="Top" WIDTH="55%">&nbsp;</TD>
            </TR>
            <TR>
              <TD ALIGN="Left" VALIGN="Top" WIDTH="45%"> <U>s/ Josef Brauner
                   </U></TD>
              <TD ALIGN="Left" VALIGN="Top" WIDTH="55%"> Member, Management Board
                   </TD>
            </TR>
            <TR>
              <TD ALIGN="Left" VALIGN="Top" WIDTH="45%"> Josef Brauner </TD>
              <TD ALIGN="Left" VALIGN="Top" WIDTH="55%"> &nbsp;</TD>
            </TR>
            <TR>
              <TD ALIGN="Left" VALIGN="Top" WIDTH="45%">&nbsp;</TD>
              <TD ALIGN="Left" VALIGN="Top" WIDTH="55%">&nbsp;</TD>
            </TR>
            <TR>
              <TD ALIGN="Left" VALIGN="Top" WIDTH="45%"> <U>s/ Thomas Holtrop</U>
                   </TD>
              <TD ALIGN="Left" VALIGN="Top" WIDTH="55%"> Member, Management Board
                   </TD>
            </TR>
            <TR>
              <TD ALIGN="Left" VALIGN="Top" WIDTH="45%"> Thomas Holtrop </TD>
              <TD ALIGN="Left" VALIGN="Top" WIDTH="55%"> &nbsp;</TD>
            </TR>
            <TR>
              <TD ALIGN="Left" VALIGN="Top" WIDTH="45%">&nbsp;</TD>
              <TD ALIGN="Left" VALIGN="Top" WIDTH="55%">&nbsp;</TD>
            </TR>
            <TR>
              <TD ALIGN="Left" VALIGN="Top" WIDTH="45%"> <U>s/ Dr. Heinz
                   Klinkhammer</U> </TD>
              <TD ALIGN="Left" VALIGN="Top" WIDTH="55%"> Member, Management Board
                   </TD>
            </TR>
            <TR>
              <TD ALIGN="Left" VALIGN="Top" WIDTH="45%"> Dr. Heinz Klinkhammer </TD>
              <TD ALIGN="Left" VALIGN="Top" WIDTH="55%"> &nbsp;</TD>
            </TR>
            <TR>
              <TD ALIGN="Left" VALIGN="Top" WIDTH="45%">&nbsp;</TD>
              <TD ALIGN="Left" VALIGN="Top" WIDTH="55%">&nbsp;</TD>
            </TR>
            <TR>
              <TD ALIGN="Left" VALIGN="Top" WIDTH="45%"> <U>s/ Ren&eacute; Obermann
                   </U></TD>
              <TD ALIGN="Left" VALIGN="Top" WIDTH="55%"> Member, Management Board
                   </TD>
            </TR>
            <TR>
              <TD ALIGN="Left" VALIGN="Top" WIDTH="45%"> Ren&eacute; Obermann </TD>
              <TD ALIGN="Left" VALIGN="Top" WIDTH="55%"> &nbsp;</TD>
            </TR>
            <TR>
              <TD ALIGN="Left" VALIGN="Top" WIDTH="45%">&nbsp;</TD>
              <TD ALIGN="Left" VALIGN="Top" WIDTH="55%">&nbsp;</TD>
            </TR>
            <TR>
              <TD ALIGN="Left" VALIGN="Top" WIDTH="45%"> <U>s/ Konrad F. Reiss
                   </U></TD>
              <TD ALIGN="Left" VALIGN="Top" WIDTH="55%"> Member, Management Board
                   </TD>
            </TR>
            <TR VALIGN="TOP">
              <TD ALIGN="Left" VALIGN="Top" WIDTH="45%"> Konrad F. Reiss </TD>
              <TD ALIGN="Left" VALIGN="Top" WIDTH="55%"> &nbsp;</TD>
            </TR>
            <TR>
              <TD ALIGN="Center" VALIGN="Top" WIDTH="45%"> &nbsp;</TD>
              <TD ALIGN="Left" VALIGN="Top" WIDTH="55%"> &nbsp;</TD>
            </TR>
            <TR>
              <TD ALIGN="Left" VALIGN="Top" WIDTH="45%"> Authorized Representative in
                   the United States: </TD>
              <TD ALIGN="Left" VALIGN="Top" WIDTH="55%"> &nbsp;</TD>
            </TR>
            <TR>
              <TD ALIGN="Left" VALIGN="Top" WIDTH="45%">&nbsp;</TD>
              <TD ALIGN="Left" VALIGN="Top" WIDTH="55%">&nbsp;</TD>
            </TR>
            <TR>
              <TD ALIGN="Left" VALIGN="Top" WIDTH="45%"> <U>s/ Klaus-Peter Statz
                   </U></TD>
              <TD ALIGN="Left" VALIGN="Top" WIDTH="55%"> Executive Vice President and
                   Treasurer </TD>
            </TR>
            <TR>
              <TD ALIGN="Left" VALIGN="Top" WIDTH="45%"> Name:Klaus-Peter Statz </TD>

              <TD ALIGN="Left" VALIGN="Top" WIDTH="55%"> Deutsche Telekom, Inc. </TD>

            </TR>
       </TABLE>
       <P>
       </P>
       <PAGE>
       <P
        STYLE="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: 0pt; padding-bottom: 6pt; background-color: #ffffff;">
            INDEX TO EXHIBITS
       </P>
       <IMG SRC="spacer.gif" HEIGHT="10" WIDTH="1"><BR>
       <DIV STYLE="width: 593; ">
            <TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" ALIGN="center"
             WIDTH="593" BGCOLOR="#ffffff">
              <TR>
                   <TD HEIGHT="1" WIDTH="15"><IMG SRC="spacer.gif" HEIGHT="1"
                        WIDTH="1"></TD>
                   <TD HEIGHT="1" WIDTH="10"><IMG SRC="spacer.gif" HEIGHT="1"
                        WIDTH="1"></TD>
                   <TD HEIGHT="1" WIDTH="25"><IMG SRC="spacer.gif" HEIGHT="1"
                        WIDTH="1"></TD>
                   <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="8"></TD>
                   <TD HEIGHT="1" WIDTH="15"><IMG SRC="spacer.gif" HEIGHT="1"
                        WIDTH="1"></TD>
                   <TD HEIGHT="1" WIDTH="10"><IMG SRC="spacer.gif" HEIGHT="1"
                        WIDTH="281"></TD>
                   <TD HEIGHT="1" WIDTH="25"><IMG SRC="spacer.gif" HEIGHT="1"
                        WIDTH="1"></TD>
                   <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="8"></TD>
                   <TD HEIGHT="1" WIDTH="15"><IMG SRC="spacer.gif" HEIGHT="1"
                        WIDTH="1"></TD>
                   <TD HEIGHT="1" WIDTH="10"><IMG SRC="spacer.gif" HEIGHT="1"
                        WIDTH="125"></TD>
                   <TD HEIGHT="1" WIDTH="25"><IMG SRC="spacer.gif" HEIGHT="1"
                        WIDTH="1"></TD>
                   <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="8"></TD>
                   <TD HEIGHT="1" WIDTH="15"><IMG SRC="spacer.gif" HEIGHT="1"
                        WIDTH="1"></TD>
                   <TD HEIGHT="1" WIDTH="10"><IMG SRC="spacer.gif" HEIGHT="1"
                        WIDTH="86"></TD>
                   <TD HEIGHT="1" WIDTH="25"><IMG SRC="spacer.gif" HEIGHT="1"
                        WIDTH="1"></TD>
              </TR>
              <TR>
                   <TD
                    STYLE="font-family: serif; font-size: 8pt; color: #000000; font-weight: bold; font-style: normal; border-bottom: 1px solid #000000 ;padding-top: 0pt
"
                    ALIGN="left" VALIGN="bottom" COLSPAN="3">Exhibit No.</TD>
                   <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="2"></TD>
                   <TD
                    STYLE="font-family: serif; font-size: 8pt; color: #000000; font-weight: bold; font-style: normal; border-bottom: 1px solid #000000 ;padding-top: 0pt
"
                    ALIGN="left" VALIGN="bottom" COLSPAN="3">Description</TD>
                   <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="2"></TD>
                   <TD
                    STYLE="font-family: serif; font-size: 8pt; color: #000000; font-weight: bold; font-style: normal; border-bottom: 1px solid #000000 ;padding-top: 0pt
"
                    ALIGN="center" VALIGN="bottom" COLSPAN="3">Method of Filing</TD>
                   <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="2"></TD>
                   <TD
                    STYLE="font-family: serif; font-size: 8pt; color: #000000; font-weight: bold; font-style: normal; border-bottom: 1px solid #000000 ;padding-top: 0pt
"
                    ALIGN="center" VALIGN="bottom" COLSPAN="3">Sequentially<BR> Numbered<BR>
                        Page<BR> Location</TD>
              </TR>
              <TR>
                   <TD
                    STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-top: 0pt
"
                    ALIGN="right" VALIGN="top" COLSPAN="1">&nbsp;</TD>
                   <TD
                    STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal;  font-style: normal;  border-bottom: 3px double #ffffff; padding-left: 0pt; text-indent: 0pt;  padding-top: 0pt
"
                    ALIGN="right" VALIGN="top" COLSPAN="1" NOWRAP="nowrap"><FONT
                        STYLE="background-color: #ffffff;">4.1</FONT></TD>
                   <TD
                    STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;     border-bottom: 3px double #ffffff  padding-top: 0pt

  "
                    ALIGN="left" VALIGN="top" NOWRAP="nowrap">*&nbsp;</TD>
                   <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="2"></TD>
                   <TD
                    STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                    ALIGN="left" VALIGN="top" COLSPAN="3">Memorandum and Articles of Association of
                        Deutsche Telekom AG (filed as Exhibit 1.1 to the Corporation's Annual Report on
                        Form 20-F/A for the fiscal year ended December 31, 2002, filed with the
                        Commission on June 27, 2003)</TD>
                   <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="2"></TD>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                   ALIGN="center" VALIGN="top" COLSPAN="3">Incorporated by<BR> Reference</TD>
                   <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="2"></TD>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                   ALIGN="CENTER" VALIGN="top" COLSPAN="3">&#151;</TD>
              </TR>
              <TR>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-top: 0pt
"
                   ALIGN="right" VALIGN="top" COLSPAN="1">&nbsp;</TD>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal;  font-style: normal;  border-bottom: 3px double #ffffff; padding-left: 0pt; text-indent: 0pt;  padding-top: 0pt
"
                   ALIGN="right" VALIGN="top" COLSPAN="1" NOWRAP="nowrap"><FONT
                        STYLE="background-color: #ffffff;">4.2</FONT></TD>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;     border-bottom: 3px double #ffffff  padding-top: 0pt

  "
                   ALIGN="left" VALIGN="top" NOWRAP="nowrap">&nbsp;</TD>
                   <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="2"></TD>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                   ALIGN="left" VALIGN="top" COLSPAN="3">Deutsche Telekom AG Stock Option Plan
                        2001 &ndash; Tranche 2001</TD>
                   <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="2"></TD>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                   ALIGN="center" VALIGN="top" COLSPAN="3">Filed herewith</TD>
                   <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="2"></TD>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                   ALIGN="CENTER" VALIGN="top" COLSPAN="3">11</TD>
              </TR>
              <TR>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-top: 0pt
"
                   ALIGN="right" VALIGN="top" COLSPAN="1">&nbsp;</TD>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal;  font-style: normal;  border-bottom: 3px double #ffffff; padding-left: 0pt; text-indent: 0pt;  padding-top: 0pt
"
                   ALIGN="right" VALIGN="top" COLSPAN="1" NOWRAP="nowrap"><FONT
                        STYLE="background-color: #ffffff;">4.3</FONT></TD>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;     border-bottom: 3px double #ffffff  padding-top: 0pt

  "
                   ALIGN="left" VALIGN="top" NOWRAP="nowrap">&nbsp;</TD>
                   <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="2"></TD>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                   ALIGN="left" VALIGN="top" COLSPAN="3">Deutsche Telekom AG Stock Option Plan
                        2001 &ndash; Tranche 2002</TD>
                   <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="2"></TD>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                   ALIGN="center" VALIGN="top" COLSPAN="3">Filed herewith</TD>
                   <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="2"></TD>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                   ALIGN="CENTER" VALIGN="top" COLSPAN="3">38</TD>
              </TR>
              <TR>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-top: 0pt
"
                   ALIGN="right" VALIGN="top" COLSPAN="1">&nbsp;</TD>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal;  font-style: normal;  border-bottom: 3px double #ffffff; padding-left: 0pt; text-indent: 0pt;  padding-top: 0pt
"
                   ALIGN="right" VALIGN="top" COLSPAN="1" NOWRAP="nowrap"><FONT
                        STYLE="background-color: #ffffff;">5.1</FONT></TD>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;     border-bottom: 3px double #ffffff  padding-top: 0pt

  "
                   ALIGN="left" VALIGN="top" NOWRAP="nowrap">&nbsp;</TD>
                   <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="2"></TD>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                   ALIGN="left" VALIGN="top" COLSPAN="3">Opinion of Dr. Manfred Balz, General
                        Counsel to the Corporation, as to the validity of the securities being
                        registered</TD>
                   <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="2"></TD>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                   ALIGN="center" VALIGN="top" COLSPAN="3">Filed herewith</TD>
                   <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="2"></TD>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                   ALIGN="CENTER" VALIGN="top" COLSPAN="3">66</TD>
              </TR>
              <TR>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-top: 0pt
"
                   ALIGN="right" VALIGN="top" COLSPAN="1">&nbsp;</TD>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal;  font-style: normal;  border-bottom: 3px double #ffffff; padding-left: 0pt; text-indent: 0pt;  padding-top: 0pt
"
                   ALIGN="right" VALIGN="top" COLSPAN="1" NOWRAP="nowrap"><FONT
                        STYLE="background-color: #ffffff;">23.1</FONT></TD>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;     border-bottom: 3px double #ffffff  padding-top: 0pt

  "
                   ALIGN="left" VALIGN="top" NOWRAP="nowrap">&nbsp;</TD>
                   <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="2"></TD>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                   ALIGN="left" VALIGN="top" COLSPAN="3">Consent of Dr. Manfred Balz, General
                        Counsel to the Corporation (included in Exhibit 5.1)</TD>
                   <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="2"></TD>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                   ALIGN="center" VALIGN="top" COLSPAN="3">Included in<BR> Exhibit 5.1</TD>
                   <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="2"></TD>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                   ALIGN="CENTER" VALIGN="top" COLSPAN="3">&#151;</TD>
              </TR>
              <TR>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-top: 0pt
"
                   ALIGN="right" VALIGN="top" COLSPAN="1">&nbsp;</TD>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal;  font-style: normal;  border-bottom: 3px double #ffffff; padding-left: 0pt; text-indent: 0pt;  padding-top: 0pt
"
                   ALIGN="right" VALIGN="top" COLSPAN="1" NOWRAP="nowrap"><FONT
                        STYLE="background-color: #ffffff;">23.2</FONT></TD>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;     border-bottom: 3px double #ffffff  padding-top: 0pt

  "
                   ALIGN="left" VALIGN="top" NOWRAP="nowrap">&nbsp;</TD>
                   <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="2"></TD>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                   ALIGN="left" VALIGN="top" COLSPAN="3">Consent of Ernst &amp; Young
                        Deutsche<BR>Allgemeine Treuhand AG and PwC Deutsche Revision
                        Aktiengesellschaft, Wirtschaftspruefungsgesellschaft</TD>
                   <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="2"></TD>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                   ALIGN="center" VALIGN="top" COLSPAN="3">&nbsp;</TD>
                   <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="2"></TD>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                   ALIGN="CENTER" VALIGN="top" COLSPAN="3">69</TD>
              </TR>
              <TR>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-top: 0pt
"
                   ALIGN="right" VALIGN="top" COLSPAN="1">&nbsp;</TD>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal;  font-style: normal;  border-bottom: 3px double #ffffff; padding-left: 0pt; text-indent: 0pt;  padding-top: 0pt
"
                   ALIGN="right" VALIGN="top" COLSPAN="1" NOWRAP="nowrap"><FONT
                        STYLE="background-color: #ffffff;">23.3</FONT></TD>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;     border-bottom: 3px double #ffffff  padding-top: 0pt

  "
                   ALIGN="left" VALIGN="top" NOWRAP="nowrap">&nbsp;</TD>
                   <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="2"></TD>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                   ALIGN="left" VALIGN="top" COLSPAN="3">Consent of PwC Deutsche Revision
                        Aktiengesellschaft, Wirtschaftspruefungsgesellschaft</TD>
                   <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="2"></TD>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                   ALIGN="center" VALIGN="top" COLSPAN="3">Filed herewith</TD>
                   <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="2"></TD>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                   ALIGN="CENTER" VALIGN="top" COLSPAN="3">71</TD>
              </TR>
              <TR>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-top: 0pt
"
                   ALIGN="right" VALIGN="top" COLSPAN="1">&nbsp;</TD>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal;  font-style: normal;  border-bottom: 3px double #ffffff; padding-left: 0pt; text-indent: 0pt;  padding-top: 0pt
"
                   ALIGN="right" VALIGN="top" COLSPAN="1" NOWRAP="nowrap"><FONT
                        STYLE="background-color: #ffffff;">23.4</FONT></TD>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;     border-bottom: 3px double #ffffff  padding-top: 0pt

  "
                   ALIGN="left" VALIGN="top" NOWRAP="nowrap">&nbsp;</TD>
                   <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="2"></TD>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                   ALIGN="left" VALIGN="top" COLSPAN="3">Consent of PricewaterhouseCoopers
                        Accountants N.V.</TD>
                   <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="2"></TD>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                   ALIGN="center" VALIGN="top" COLSPAN="3">Filed herewith</TD>
                   <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="2"></TD>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                   ALIGN="CENTER" VALIGN="top" COLSPAN="3">73</TD>
              </TR>
              <TR>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-top: 0pt
"
                   ALIGN="right" VALIGN="top" COLSPAN="1">&nbsp;</TD>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal;  font-style: normal;  border-bottom: 3px double #ffffff; padding-left: 0pt; text-indent: 0pt;  padding-top: 0pt
"
                   ALIGN="right" VALIGN="top" COLSPAN="1" NOWRAP="nowrap"><FONT
                        STYLE="background-color: #ffffff;">23.5</FONT></TD>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;     border-bottom: 3px double #ffffff  padding-top: 0pt

  "
                   ALIGN="left" VALIGN="top" NOWRAP="nowrap">&nbsp;</TD>
                   <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="2"></TD>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                   ALIGN="left" VALIGN="top" COLSPAN="3">Consent of ZAO Deloitte &amp; Touche
                        CIS</TD>
                   <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="2"></TD>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                   ALIGN="center" VALIGN="top" COLSPAN="3">Filed herewith</TD>
                   <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="2"></TD>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                   ALIGN="CENTER" VALIGN="top" COLSPAN="3">75</TD>
              </TR>
              <TR>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-top: 0pt
"
                   ALIGN="right" VALIGN="top" COLSPAN="1">&nbsp;</TD>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal;  font-style: normal;  border-bottom: 3px double #ffffff; padding-left: 0pt; text-indent: 0pt;  padding-top: 0pt
"
                   ALIGN="right" VALIGN="top" COLSPAN="1" NOWRAP="nowrap"><FONT
                        STYLE="background-color: #ffffff;">23.6</FONT></TD>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;     border-bottom: 3px double #ffffff  padding-top: 0pt

  "
                   ALIGN="left" VALIGN="top" NOWRAP="nowrap">&nbsp;</TD>
                   <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="2"></TD>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                   ALIGN="left" VALIGN="top" COLSPAN="3">Consent of PwC Deutsche Revision
                        Aktiengesellschaft, Wirtschaftspruefungsgesellschaft</TD>
                   <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="2"></TD>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                   ALIGN="center" VALIGN="top" COLSPAN="3">Filed herewith</TD>
                   <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="2"></TD>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                   ALIGN="CENTER" VALIGN="top" COLSPAN="3">78</TD>
              </TR>
              <TR>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-top: 0pt
"
                   ALIGN="right" VALIGN="top" COLSPAN="1">&nbsp;</TD>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal;  font-style: normal;  border-bottom: 3px double #ffffff; padding-left: 0pt; text-indent: 0pt;  padding-top: 0pt
"
                   ALIGN="right" VALIGN="top" COLSPAN="1" NOWRAP="nowrap"><FONT
                        STYLE="background-color: #ffffff;">23.7</FONT></TD>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;     border-bottom: 3px double #ffffff  padding-top: 0pt

  "
                   ALIGN="left" VALIGN="top" NOWRAP="nowrap">&nbsp;</TD>
                   <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="2"></TD>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                   ALIGN="left" VALIGN="top" COLSPAN="3">Statement regarding consents of Arthur
                        Andersen LLP and Arthur Andersen Sp. z o.o.</TD>
                   <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="2"></TD>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                   ALIGN="center" VALIGN="top" COLSPAN="3">Filed herewith</TD>
                   <TD><IMG SRC="spacer.gif" HEIGHT="1" WIDTH="2"></TD>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt
"
                   ALIGN="CENTER" VALIGN="top" COLSPAN="3">80</TD>
              </TR>
              <TR>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal; border-bottom: 3px double #ffffff;padding-top: 0pt
"
                   ALIGN="right" VALIGN="top" COLSPAN="1">&nbsp;</TD>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal;  font-style: normal;  border-bottom: 3px double #ffffff; padding-left: 0pt; text-indent: 0pt;  padding-top: 0pt
"
                   ALIGN="right" VALIGN="top" COLSPAN="1" NOWRAP="nowrap"><FONT
                        STYLE="background-color: #ffffff;">24</FONT></TD>
                   <TD
                   STYLE="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;     border-bottom: 3px double #ffffff  padding-top: 0pt

  "
                   ALIGN="left" VALIGN="top" NOWRAP="nowrap">&nbsp;</TD>
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[{"type": "S-8", "sequence": "1", "filename": "file001.htm", "description": "FORM S-8", "secsgml_size_bytes": 102022}]
{"company-data": {"conformed-name": "DEUTSCHE TELEKOM AG", "cik": "0000946770", "assigned-sic": "4812", "irs-number": "000000000"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-106591", "film-number": "03761300"}, "business-address": {"street1": "FRIEDERICH EBERT ALLEE 140", "city": "D53113 BONN GERMANY", "state": "I8", "phone": "4922818190"}, "mail-address": {"street1": "FRIEDERICH EBERT ALLEE 140", "city": "D 53113 BONN GERMANY", "state": "I8"}}
As filed with the Securities and Exchange Commission on June 27, 2003
Registration No.
            333-
SECURITIES AND EXCHANGE COMMISSION
REGISTRATION STATEMENT
ON
FORM S-8
UNDER THE SECURITIES ACT OF
            1933
Deutsche Telekom AG
(Exact name of Registrant as Specified in its Charter)
Federal Republic of Germany
(State or Other
                        Jurisdiction
of Incorporation or Organization)
4812
(Primary Standard Industrial
                        Classification
Code Number)
None
(I.R.S. Employer
Identification Number)
Friedrich-Ebert-Allee 140
53113 Bonn
Germany
(011 49)
            228-181-88880
(Address of Principal Executive
            Offices, including zip code and telephone number of Registrant's principal
            executive offices)
Deutsche Telekom AG Stock Option Plan 2001 – Tranche 2001
Deutsche Telekom AG Stock Option Plan 2001 – Tranche 2002
(Full Title of the
            Plan)
Klaus-Peter Statz
Executive Vice President and Treasurer
Deutsche
            Telekom, Inc.
280 Park Avenue, 26
th
Floor
New York, New York
            10017
(212) 424-2900 (tel)
(212) 424-2976 (fax)
(Name, address and telephone
            number of agent for service)
Copies to:
A. Richard Susko, Esq.
Cleary, Gottlieb, Steen & Hamilton
One
            Liberty Plaza
New York, New York 10006
(212) 225-2000 (tel)
(212)
            225-3999 (fax)
Title of Securities
to be
                   registered
Amount to Be
Registered(1)
Proposed Maximum
Offering Price
                   Per
Share(2)
Proposed
Maximum
Aggregate
Offering
Price(2)
Amount
                   of
Registration
Fee(2)
Ordinary Shares of Deutsche Telekom AG
                   – Tranche 2001
87,620
€30.00
($34.50)
€2,628,600
($3,022,890)
$
244.56
Ordinary Shares of Deutsche Telekom AG
                   – Tranche 2002
53,510
€12.36
($14.21)
€661,383.60
($760,377.10)
$
61.52
Total:
141,130
€3,298,986.30
($3,783,267.10)
$
306.08
(1)
Consists
                   of ordinary shares (the "Shares") of Deutsche Telekom AG ("Deutsche Telekom" or
                   the "Corporation") which will be deliverable pursuant to the exercise of the
                   stock options (the "Options") granted under the Deutsche Telekom AG Stock
                   Option Plan 2001 – Tranche 2001 and the Deutsche Telekom AG Stock Option
                   Plan 2001 – Tranche 2002 (the "Plans"). Pursuant to Rule 416(a), this
                   Registration Statement also covers additional securities that may be offered as
                   a result of stock splits, stock dividends or similar events.
(2)
Calculated
                   pursuant to Rule 457(h) under the Securities Act of 1933, as amended (the
                   "Securities Act") based on the respective prices at which such options may be
                   exercised in euros and converted into U.S. dollars based on the New York
                   foreign exchange mid-range rate of $1 = €.87 (€1= $1.15) as quoted on
                   June 23, 2003 by Reuters and other sources and published in the Wall Street
                   Journal on June 24, 2003 for the day ended June 23, 2003. As noted in the
                   table, the Shares are subject to purchase upon the exercise of Options granted
                   with the following exercise prices: 87,620 Shares are subject to purchase at an
                   exercise price of €30.00 per Share and 53,510 Shares are subject to
                   purchase at an exercise price of €12.36 per Share.
PART I
INFORMATION REQUIRED IN SECTION 10(a) PROSPECTUS
Item 1.
Plan Information
.
Not
                   filed as part of this Registration Statement pursuant to Note to Part 1 of Form
                   S-8.
Item 2.
Registrant Information and Employee Plan Annual
            Information
.
Not
                   filed as part of this Registration Statement pursuant to Note to Part 1 of Form
                   S-8.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3.
Incorporation of Documents by Reference
.
The following documents, which previously have been filed by the
            Corporation with the Securities and Exchange Commission (the "Commission"), are
            incorporated herein by reference and made a part hereof:
(i)    The Corporation's Annual Report on Form 20-F/A
            for the fiscal year ended December 31, 2002, filed with the Commission on June
            27, 2003;
(ii)    The Corporation's Report on Form 6-K/A for
            the quarterly period ended March 31, 2003, filed with the Commission on June
            26, 2003;
(iii)    The Corporation's Report on Form 6-K for the
            month of June 2003, filed with the Commission on June 26, 2003;
(iv)    All other reports filed pursuant to Section
            13(a) or 15(d) of the Securities Exchange Act of 1934, as amended (the
            "Exchange Act"), since the end of the fiscal year ended December 31, 2002; and
(v)    The description of the Shares contained in the
            Corporation's Registration Statement on Form 8-A dated November 3, 1996.
All reports and other documents filed by the Corporation pursuant to
            Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date
            of this Registration Statement and prior to the filing of a post-effective
            amendment hereto, which indicates that all securities offered hereunder have
            been sold or which deregisters all securities remaining unsold, shall be deemed
            to be incorporated by reference in this registration statement and to be a part
            hereof from the date of filing of such documents.
For purposes of this Registration Statement, any document or any
            statement contained in a document incorporated or deemed to be incorporated
            herein by reference shall be deemed to be modified or superseded to the extent
            that a subsequently filed document or a statement contained herein or in any
            other subsequently filed document which also is or is deemed to be incorporated
            herein by reference modifies or supersedes such document or such statement in
            such document. Any statement so modified or superseded shall not be deemed,
            except as so modified or superseded, to constitute a part of this Registration
            Statement.
Item 4.
Description of Securities
.
Not applicable.
Item 5.
Interests of Named Experts and Counsel
.
The validity of the Shares will be passed upon for us by Dr. Manfred
            Balz, our General Counsel. Dr. Balz is a full time employee of the Corporation
            and may be eligible to participate in the Plans and receive Shares thereunder.
            Dr. Balz currently holds less than 0.01% of our outstanding ordinary shares.
Item 6.
Indemnification of Directors and Officers
.
Under German law, a corporation may indemnify its officers, and, under
            certain circumstances, German labor law requires a stock corporation to do so.
            However, a corporation may not, as a general matter, indemnify members of the
            management board or the supervisory board. A German stock corporation may,
            however, purchase directors' and officers' insurance. The insurance may be
            subject to any mandatory restrictions imposed by German law. In addition,
            German law may permit a corporation to indemnify a member of the management
            board or the supervisory board for attorneys' fees incurred if such member is
            the successful party in a suit in a country, like the United States, where
            winning parties are required to bear their own costs, if German law would have
            required the losing party to pay the member's attorneys' fees had the suit been
            brought in Germany.
Members of the Corporation's Supervisory Board and Management Board and
            officers of the Corporation will be covered by customary liability insurance,
            including insurance against liabilities under the Securities Act.
Item 7.
Exemption from Registration Claimed
.
Not applicable.
Item 8.
Exhibits
.
Unless otherwise indicated below as being incorporated by reference to
            another filing of the Corporation with the Commission, each of the following
            exhibits is filed herewith:
Exhibit No.
Description
4.1*
Memorandum and Articles of Association of
                        Deutsche Telekom AG (filed as Exhibit 1.1 to the Corporation's Annual Report on
                        Form 20-F/A for the fiscal year ended December 31, 2002, filed with the
                        Commission on June 27, 2003)
4.2
Deutsche Telekom AG Stock Option Plan
                        2001 – Tranche 2001
4.3
Deutsche Telekom AG Stock Option Plan
                        2001 – Tranche 2002
5.1
Opinion of Dr. Manfred Balz, General
                        Counsel to the Corporation, as to the validity of the securities being
                        registered
23.1
Consent of Dr. Manfred Balz, General
                        Counsel to the Corporation (included in Exhibit 5.1)
23.2
Consent of Ernst & Young
                        Deutsche
Allgemeine Treuhand AG and PwC Deutsche Revision
                        Aktiengesellschaft, Wirtschaftspruefungsgesellschaft
23.3
Consent of PwC Deutsche Revision
                        Aktiengesellschaft, Wirtschaftspruefungsgesellschaft
23.4
Consent of PricewaterhouseCoopers
                        Accountants N.V.
23.5
Consent of ZAO Deloitte & Touche
                        CIS
23.6
Consent of PwC Deutsche Revision
                        Aktiengesellschaft, Wirtschaftspruefungsgesellschaft
23.7
Statement regarding consents of Arthur
                        Andersen LLP and Arthur Andersen Sp. z o.o.
24
Power of Attorney (included on the
                        signature page)
* Incorporated by reference
Item 9.
Undertakings
.
(a) The undersigned Registrant hereby undertakes:
(1) To file, during any period in which offers or sales are being made, a
            post-effective amendment to this Registration Statement: (i) to include any
            prospectus required by Section 10(a)(3) of the Securities Act; (ii) to reflect
            in the prospectus any facts or events arising after the effective date of the
            Registration Statement (or the most recent post-effective amendment thereof)
            which, individually or in the aggregate, represent a fundamental change in the
            information set forth in the Registration Statement; (iii) to include any
            material information with respect to the plan of distribution not previously
            disclosed in the Registration Statement or any material change to such
            information in the Registration Statement;
provided
,
however
,
            that paragraphs (a)(1)(i) and (a)(1)(ii) do not apply if the information
            required to be included in a post-effective amendment by those paragraphs is
            contained in periodic reports filed with or furnished to the Commission by the
            Registrant pursuant to Section 13 or 15(d) of the Exchange Act that are
            incorporated by reference in the Registration Statement.
(2) That, for the purpose of determining any liability under the
            Securities Act, each such post-effective amendment shall be deemed to be a new
            registration statement relating to the securities offered therein, and the
            offering of such securities at that time shall be deemed to be the initial
bona
fide
offering thereof.
(3) To remove from registration by means of a post-effective amendment
            any of the securities being registered which remain unsold at the termination
            of the offering.
(b) The undersigned Registrant hereby undertakes that, for purposes of
            determining any liability under the Securities Act, each filing of the
            Registrant's annual report pursuant to Section 13(a) or 15(d) of the Exchange
            Act (and, where applicable, each filing of the employee benefit plan's annual
            report pursuant to Section 15(d) of the Exchange Act) that is incorporated by
            reference in the Registration Statement shall be deemed to be a new
            registration statement relating to the securities offered therein, and the
            offering of such securities at that time shall be deemed to be the initial
bona
fide
offering thereof.
(c) Insofar as indemnification for liabilities arising under the
            Securities Act may be permitted to directors, officers and controlling persons
            of the Registrant pursuant to the foregoing provisions, or otherwise, the
            Registrant has been advised that in the opinion of the Commission such
            indemnification is against public policy as expressed in the Securities Act and
            is, therefore, unenforceable. In the event that a claim for indemnification
            against such liabilities (other than the payment by the Registrant of expenses
            incurred or paid by a director, officer or controlling person of the Registrant
            in the successful defense of any action, suit or proceeding) is asserted by
            such director, officer or controlling person in connection with the securities
            being registered, the Registrant will, unless in the opinion of its counsel the
            matter has been settled by controlling precedent, submit to a court of
            appropriate jurisdiction the question whether such indemnification by it is
            against public policy as expressed in the Securities Act and will be governed
            by the final adjudication of such issue.
SIGNATURES
Pursuant to
            the requirements of the Securities Act of 1933, Deutsche Telekom AG certifies
            that it has reasonable grounds to believe that it meets all of the requirements
            for filing on Form S-8 and has duly caused this registration statement to be
            signed on its behalf by the undersigned, thereunto duly authorized, in the City
            of Bonn, Germany, on this 26th day of June, 2003.
DEUTSCHE TELEKOM AG
By:
s/ Kai-Uwe Ricke
Name: Kai-Uwe
                   Ricke
Title: Chairman of the Management Board
By:
s/ Dr. Karl-Gerhard Eick
Name:
                   Dr. Karl-Gerhard Eick
Title: Deputy Chairman of the Management
Board
                   Finance and Controlling
POWER OF ATTORNEY
Each of the
            undersigned hereby constitutes and appoints each director named below his true
            and lawful attorneys-in-fact, each with power of substitution, in his name,
            place and stead, in any and all capacities, to sign any or all amendments,
            including post-effective amendments, and supplements to this Registration
            Statement, and to file the same, with all exhibits thereto and other documents
            in connection therewith, with the Securities and Exchange Commission, hereby
            ratifying and confirming all that said attorneys-in-fact, or his substitute or
            substitutes, may lawfully do or cause to be done by virtue hereof.
Pursuant to
            the requirements of the Securities Act of 1933, this registration statement has
            been signed by the following persons in the capacities listed below as of the
            26th day of June, 2003.
Signatures
Title
s/ Kai-Uwe Ricke
Chairman of the Management
                   Board (Principal
Kai-Uwe Ricke
Executive Officer)
s/ Dr. Karl-Gerhard
                   Eick
Deputy Chairman of the
                   Management Board
Dr. Karl-Gerhard Eick
Finance and Controlling
                   (Principal Financial and Accounting Officer)
s/ Josef Brauner
Member, Management Board
Josef Brauner
s/ Thomas Holtrop
Member, Management Board
Thomas Holtrop
s/ Dr. Heinz
                   Klinkhammer
Member, Management Board
Dr. Heinz Klinkhammer
s/ René Obermann
Member, Management Board
René Obermann
s/ Konrad F. Reiss
Member, Management Board
Konrad F. Reiss
Authorized Representative in
                   the United States:
s/ Klaus-Peter Statz
Executive Vice President and
                   Treasurer
Name:Klaus-Peter Statz
Deutsche Telekom, Inc.
INDEX TO EXHIBITS
Exhibit No.
Description
Method of Filing
Sequentially
Numbered
Page
Location
4.1
*
Memorandum and Articles of Association of
                        Deutsche Telekom AG (filed as Exhibit 1.1 to the Corporation's Annual Report on
                        Form 20-F/A for the fiscal year ended December 31, 2002, filed with the
                        Commission on June 27, 2003)
Incorporated by
Reference
—
4.2
Deutsche Telekom AG Stock Option Plan
                        2001 – Tranche 2001
Filed herewith
11
4.3
Deutsche Telekom AG Stock Option Plan
                        2001 – Tranche 2002
Filed herewith
38
5.1
Opinion of Dr. Manfred Balz, General
                        Counsel to the Corporation, as to the validity of the securities being
                        registered
Filed herewith
66
23.1
Consent of Dr. Manfred Balz, General
                        Counsel to the Corporation (included in Exhibit 5.1)
Included in
Exhibit 5.1
—
23.2
Consent of Ernst & Young
                        Deutsche
Allgemeine Treuhand AG and PwC Deutsche Revision
                        Aktiengesellschaft, Wirtschaftspruefungsgesellschaft
69
23.3
Consent of PwC Deutsche Revision
                        Aktiengesellschaft, Wirtschaftspruefungsgesellschaft
Filed herewith
71
23.4
Consent of PricewaterhouseCoopers
                        Accountants N.V.
Filed herewith
73
23.5
Consent of ZAO Deloitte & Touche
                        CIS
Filed herewith
75
23.6
Consent of PwC Deutsche Revision
                        Aktiengesellschaft, Wirtschaftspruefungsgesellschaft
Filed herewith
78
23.7
Statement regarding consents of Arthur
                        Andersen LLP and Arthur Andersen Sp. z o.o.
Filed herewith
80
24
Power of Attorney (included on the
                        signature page)
Included on the
Signature Page
—