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General

Deutsche Telekom risks credit rating downgrade after Sprint takeover

Monday 30 April 2018 | 12:23 CET | News
Deutsche Telekom risks a downgrade in its credit ratings after agreeing to merge its US subsidiary T-Mobile with Sprint. Standard & Poor's put the German operator's BBB+ rating on review for downgrade, saying that while the US deal offers long-term benefits, it will subdue cash flow and increase leverage in the first two years after closing the merger. 

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Categories: General
Companies: Deutsche Telekom / Sprint / T-Mobile
Countries: Germany / United States
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