Gadget news
Deutsche Telekom takes T-Mobile US majority
5:14 pm | April 6, 2023

Author: admin | Category: Mobile phones news | Tags: | Comments: Off

Deutsche Telekom now owns a 50.2% majority stake in T-Mobile US. The news was confirmed by CEO Timotheus Höttges at DT’s 2023 annual shareholder meeting in Bonn, Germany yesterday. The new deal was reportedly valued at $1 billion and comes after years of Deutsche Telekom increasing its ownership stake in T-Mobile. The US carrier is DT’s most profitable unit with a $178 billion market cap with a reported 110 million customers. Timotheus Höttges at Deutsche Telekom 2023 annual shareholder meeting T-Mobile recently made headlines by acquiring Mint Mobile and Ultra Mobile in a deal...