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Deutsche Telekom, T-Mobile Weigh Potential Mega-Merger
Deutsche Telekom, T-Mobile Weigh Potential Mega-Merger
A new Bloomberg report states that Deutsche Telekom AG is exploring a mega merger with its U.S. subsidiary, T-Mobile US, in a move that would create a telecom giant valued at roughly $400 billion. If completed, the deal would rank as the largest public M&A transaction ever.
Deutsche Telekom shares fell 4% in Germany on Wednesday morning after Bloomberg reported overnight that the company is in the early stages of considering a combination with T-Mobile US, in which it already holds a 53% stake.
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Authored by Rob Sabo via The Epoch Times,
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