Financial Times Report Indicates Deutsche Telekom Is Talking To Banks Looking To Boost T-Mobile USA
Here’s a new turn of events as a Financial Times report indicates Deutsche Telekom is reportedly talking with bankers hoping to keep their USA branch competitive in the United States. Besides selling T-Mobile USA towers, which could raise between $1 to $2 billion, T-Mobile could also raise additional funds by issuing bonds. Deutsche Telekom is expected to offer more detail on its strategy when it reports its quarterly results in February. According to the Financial Times source, Deutsche Telekom isn’t in a rush to find a long-term solution for T-Mobile. That’s good news, at least for those of us who want T-Mobile to stay T-Mobile and not get gobbled up by yet another potential buyer.
Financial Times (Registration Required), Fierce Wireless