Deutsche Telekom backs Softbank buy of T-Mobile - report

Nieuws Mobiel Verenigde Staten 29 MAY 2014
Deutsche Telekom backs Softbank buy of T-Mobile - report
Deutsche Telekom has agreed to a proposal from Japanese operator Softbank to buy T-Mobile US, Kyodo news agency reported citing industry sources. Softbank acquired the US' third-largest mobile operator Sprint last year and has repeatedly said it sees a need for consolidation to combat the country's two largest operators, Verizon and AT&T. According to the Kyodo report, Softbank Chairman Masayoshi Son proposed the takeover in a meeting with top executives of T-Mobile and Deutsche Telekom in mid-May and received a positive response.

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Mobiel

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Sprint,  Softbank,  Deutsche Telekom,  T-Mobile US

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Verenigde Staten

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Voice services, M&A buyouts & divestments

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