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Wireless

T-Mobile raises USD 16.6 billion in share sale for Softbank

Wednesday 24 June 2020 | 09:15 CET | News
T-Mobile US has priced its sale of 143.39 million shares on behalf of shareholder Softbank at USD 103 per share, slightly below its latest trading price. This puts the gross proceeds at USD 14.76 billion. The underwriters have a 30-day option to sell another 10.75 million shares at the same price. 

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Categories: Mobile & Wireless
Companies: Deutsche Telekom / Softbank / T-Mobile US
Countries: United States
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