je.st
news
Softbank in talks to sell T-Mobile shares to Deutsche Telekom - report
2020-05-18 10:33:00| Telecompaper Headlines
(Telecompaper) Softbank is in talks with Deutsche Telekom to sell a portion of its stake in T-Mobile US, the Wall Street Journal reports citing people familiar with the matter. Deutsche Telekom would raise its stake in T-Mobile to over 50 percent from the current 44 percent if the transaction were finalised. Telekom already has voting control of T-Mobile under a prior agreement with SoftBank, which recently held almost 25 percent of T-Mobile's common stock, according to FactSet.
Tags: report
sell
deutsche
shares
Category:Telecommunications
Latest from this category |
All news |
||
|
|||