Deals
Deutsche Telekom CEO Eyeing Up Merger Partners for T-Mobile US
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Sprint, T-Mobile Said to Begin Informal Merger Talks
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Deutsche Telekom AG Chief Executive Officer Tim Hoettges is eyeing up potential merger partners for T-Mobile US Inc. as he prepares for consolidation in the industry following the completion of the country’s spectrum auction.
“It is not only permitted and possible, but now very likely that discussions will get under way concerning various potential strategic combinations of businesses in our industry,” Hoettges said in prepared remarks to reporters on Thursday. “That includes our company, T-Mobile US.”