Deutsche Telekom (DT) has denied reports which suggest it is considering the sale of its US wireless arm T-Mobile USA. Press reports have claimed that private equity firm Blackstone, which is a 4.5% shareholder in the German telco, wants DT to offload its US operations. Rival wireless operator Alltel has just been sold to equity firms TPG Capital and Goldman Sachs Capital Partners(GSCP) for a total of USD27.5 billion. T-Mobile USA is the country’s fourth largest cellular operator, with 26 million subscribers at the end of March.
Wireless Federation » DT denies plans for US sell-off
DT denies plans for US sell-off
- May 24th, 2007
- 6:50 am
