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Deutsche Telekom CEO Obermann Says May Sell Towers in U.S.

Deutsche Telekom AG may sell its tower assets in the U.S. to fund the purchase of spectrum for its next-generation network, Chief Executive Officer Rene Obermann said today.

“We have the biggest number of those towers compared to our competitors and that’s not something as an operator you run with utmost efficiency,” Obermann said during a T-Mobile USA strategy presentation in New York. “That sale could be significant,” he said, without providing details.

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