T-Mobile US to launch USD 1.5 bln share buyback programme

Thursday 7 December 2017 | 09:23 CET | News
T-Mobile US has approved a share buyback programme worth up to USD 1.5 billion, for the period through end December 2018. The operator said that majority shareholder Deutsche Telekom and its affiliates were considering plans to buy extra stock during the buyback time. 

T-Mobile US CEO John Legere said the programme comes on the back of a strong balance sheet and cash flow generation, giving the operator the ability to return capital while continuing to make “significant” investments in networks and operations.

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