Deutsche Telekom considers merger, listing options for T-Mobile NL

Thursday 16 November 2017 | 09:42 CET | News
Deutsche Telekom CEO Tim Hoettges said the company is considering a number of options for its Dutch unit T-Mobile Netherlands, including a merger of the subsidiary with Tele2 Netherlands or listing it on the stock market, Reuters reported. The statement was made during the Morgan Stanley European Tech, Media & Telecoms Conference in Barcelona. "I‘m open to a merger with Tele2," Hoettges said, adding he would also consider an initial public offering. "We haven’t decided yet." Tele2 CEO Allison Kirkby declined to comment on the matter.

When put to KPN's Eelco Blok, the CEO said the Dutch regulator might give this proposed deal an easier ride than past attempted mergers. "I think so – if they can create a stronger number three being able to compete on fixed and mobile, then the regulator would seriously look at this situation," Blok said.

DT is also mulling ways to realise more value with its German mobile towers, perhaps by carving out the business, Hoettges said. 

A looming merger deal between T-Mobile US, in which Deutsche Telekom has a 64 percent stake, and Sprint recently fell through.

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