Deutsche Telekom now majority stock owner of T-Mobile US
Deutsche Telekom is now the majority owner of T-Mobile US in stock. The company officially made the announcement in a press release yesterday by its CEO, Timotheus Höttges. The announcement was made at the company’s 2023 annual shareholder meeting, which was held in Bonn, Germany. Deutsche Telekom increased its ownership in T-Mobile US by investing in a $1 billion deal. This gives DT a 50.2% stake in … [read full article]