Deutsche Telekom to spin-off T-Mobile USA?

Written by Andre Yoskowitz @ 05 Feb 2010 16:20

Deutsche Telekom to spin-off T-Mobile USA? Deutsche Telekom AG is actively considering an IPO for its T-Mobile USA branch, as a way to help pay for the carrier's large upcoming infrastructure buildout.
Telekom is Europe's largest mobile phone carrier, but T-Mobile remains in fourth place in the US. It is currently in talks with banks for an underwriter of the public offering.

The company has already spent $3 billion on 3G infrastructure in the U.S., and Telekom's share price has fallen despite one of the largest stock market rallies in history.

DT and T-Mobile declined comment on the report.

Topics Phones

More news

Related news

Write a comment

Comment this article

If you do not have an AfterDawn.com account yet, please enter your nickname and email address below. An activation link will be emailed to you.

If you already have an AfterDawn.com account, please login using the next tab.

Login by using your Afterdawn.com -username or your email address.

Bold Italics Red color Quote Code Add image Add URL




Latest user comments

News archive

Subscribe to AfterDawn's weekly newsletter.