Deutsche Telekom to Reconsider Subsidiary Sale in 2013, FTD Says

Deutsche Telekom AG (DTE) will reconsider a sale of its subsidiaries in the Netherlands and the U.K. in 2013, the Financial Times Deutschland reported, citing people it didn’t identify.

After Chief Executive Officer Rene Obermann had reviewed selling the units, new managers were charged with improving profit, the newspaper said. Potential revenue from a sale will be reinvested in Europe, the FTD added.

To contact the reporter on this story: Jana Randow in Frankfurt at jrandow@bloomberg.net

To contact the editor responsible for this story: Craig Stirling at cstirling1@bloomberg.net

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