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Deutsche Telekom, T-Mobile in early talks for potential mega merger: Report
The plan would place Deutsche Telekom and T-Mobile U.S. under common ownership as the German company seeks regulatory approval for a broader restructuring.
- On Tuesday, Deutsche Telekom began exploring a full acquisition of T-Mobile U.S. through a new holding company, creating the world's largest wireless operator by market capitalization and surpassing China Mobile.
- Deutsche Telekom CEO Tom Hoettges previously complained that European regulations hamper infrastructure growth, noting most of the company's valuation originates from its American business.
- The German government and state-owned lender KfW own about 28 per cent of Deutsche Telekom, which maintains a valuation of nearly $167 billion with a roughly 53 per cent stake in T-Mobile U.S.
- Any transaction requires political support in Berlin and Washington plus Federal Communications Commission approval for spectrum transfers; companies may need significant U.S. investments to win approval.
- The potential move occurs amid tensions between President Donald Trump and German Chancellor Friedrich Merz, while the European Union develops new merger guidelines; reports suggest the new entity might be headquartered in Ireland.
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The Bonn-based Dax-member earns brilliantly at his US-subsidiary. But so far it holds only 53 percent. Now a merger of the two companies is speculated. It would be a business of historical scale.
·Munich, Germany
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According to a media report, Deutsche Telekom is examining a complete merger with its US subsidiary, T-Mobile US. The considerations appear to be at an early stage.
Deutsche Telekom AG is considering a total combination with its US subsidiary T-Mobile US Inc., an operation that would create a multinational telecommunications group and become the largest public merger and acquisition operation in history, according to people with knowledge of the matter.Continue reading...
·Granada, Spain
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Total News Sources24
Leaning Left2Leaning Right5Center3Last UpdatedBias Distribution50% Right
Bias Distribution
- 50% of the sources lean Right
50% Right
L 20%
C 30%
R 50%
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