German incumbent Deutsche Telekom may list an approximately 20% stake of its US operations, T-Mobile USA, according to The Wall Street Journal. TelecomFinance first reported about a potential sale of T-Mobile USA in late 2009, with reports also…
German incumbent Deutsche Telekom may list an approximately 20% stake of its US operations, T-Mobile USA, according to The Wall Street Journal.
TelecomFinance first reported about a potential sale of T-Mobile USA in late 2009, with reports also circulating that the German operator was considering acquisitions to bolster its struggling US operations, but talk now is that the unit could be headed for an IPO.
Deutsche Telekom is reported to already have held preliminary talks with banks, including Deutsche Bank, regarding a potential listing, and the possibility of a partial spinoff of the business remains a possibility, as does a merger with a local rival.
A decision on the future of the unit is expected within the next two months.
