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Aug 11, 2022 · DT Chief Executive Timotheus Hoettgas said buying the majority stake in T-Mobile US was the group's most important strategic project at present, according to Reuters. He said that stake should top 50% much sooner than its previous projection of 2024. Earlier this year, DT paid $2.4 billion to SoftBank Group to increase its stake in T-Mobile US ...
- Linda Hardesty
Deutsche Telekom. Deutsche Telekom AG (German pronunciation: [ˌdɔʏtʃə ˈteːləkɔm ʔaːˌɡeː] ⓘ; often just Telekom, DTAG or DT; stylised as ·T·) is a German telecommunications company headquartered in Bonn and is the largest telecommunications provider in Europe by revenue. It was formed in 1995 when Deutsche Bundespost, a state ...
Apr 13, 2022 · T-Mobile Deutsche Telekom SoftBank Sprint. Deutsche Telekom, based in Bonn, Germany, raised its stake in T-Mobile by 5.3%. (Deutsche Telekom) Deutsche Telekom is making good on its promise to become majority owner of T-Mobile US, paying $2.4 billion to SoftBank Group to increase its stake to 48.4% in the U.S. company.
- Monica Alleven
Apr 1, 2021 · BERLIN, April 1 (Reuters) - Deutsche Telekom DTEGn.DE expects to secure direct ownership of T-Mobile TMUS.O in the medium term, funded by a significant capital return to shareholders by its U.S ...
Who owns T-Mobile? T-Mobile's largest shareholder is Deutsche Telekom AG, a German telecommunications company. KfW, Germany's state-owned bank, owns 16.63% of Deutsche Telekom AG, as of December 2023.
In December 1999, T-Mobile International AG & Co. KG holding company was founded (later renamed T-Mobile International AG). In 2002, as DT consolidated its international operations, it anglicized the T-Mobil name to T-Mobile. On 5 July 2005 Deutsche Telekom transformed its structure and adopted a regional setup (Germany, Europe, US).
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Sep 7, 2021 · Reuters reports that Germany's Deutsche Telekom hiked its stake in T-Mobile U.S. today through a stock swap with SoftBank Group valued at $7 billion. The latter is a Japanese conglomerate led by Masayoshi Son and in 2013 the company purchased 78% of Sprint for $22.2 billion after a fierce battle with Dish Network.
