Deutsche Telekom May Own Too Much of T-Mobile USA
Oct 30, 2008, 9:26 PM by Eric M. Zeman
The Verizon Wireless-Alltel acquisition has caused the FCC to review other carriers and it has found that Deutsche Telekom is violating U.S. law by owning too much of T-Mobile USA. Deutsche Telekom owns 30% of T-Mobile USA, and the legal limit states that foreign entities cannot own more than 20% of an entity controlling a common carrier license. The FCC sent T-Mobile USA a letter asking how it might come into compliance with the law. T-Mobile has 30 days to respond and is considering its options, which could entail some simple paperwork.
Comments
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its because Deutsche Telekom is the german government
tuminatr said:
Vodafone is a foreign company not a foreign government and there is a big difference
Deitsche Telekom is privately owned. It is traded publicly traded on the NYSE (DT).
is it really a big deal?
is it really a big deal?
and the spell check mashed the words together...
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Please stop posting uninformed responses.