Deutsche Telekom Will Consider 'Any Partner' for T-Mobile
May 21, 2015, 6:44 AM by Eric M. Zeman
Deutsche Telekom executives today indicated they are still weighing the best path forward for T-Mobile US, especially when it comes to improving profitability. "It is our duty to go on improving the return on T-Mobile US," said CEO Tim Hoettges. "If we find a partner who will help us to do so, we will obviously consider it." Deutsche Telekom owns 66% of T-Mobile US and last year attempted sell the company to Japan's SoftBank. T-Mobile has gained more than 8 million customers in the last year, but has done so at considerable expense. Deutsche Telekom said it is under no pressure to sell T-Mobile, but the German company is making it clear that it is open to suggestions.
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Under no pressure
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