Deutsche Telekom Can Sell T-Mobile Before Share Lock-Up Ends

Deutsche Telekom AG, the German phone company that completed a deal this month to enlarge its U.S. business, said it has the option to sell the asset to a buyer before an 18-month share lock-up period expires.

The company wouldn’t be restricted from selling if a third party made an offer for T-Mobile US Inc., Chief Financial Officer Timotheus Hoettges told shareholders at the annual meeting in Cologne, Germany, today. He was responding to an investor who named Vodafone Group Plc as a hypothetical buyer.