>>> Deutsche Telekom resumes search for T-Mobile US buyer; America Movil, Google

Deutsche Telekom resumes search for T-Mobile US buyer; America Movil, Google and Dish mentioned - report (translated)

Deutsche Telekom, the listed German phone company, has resumed the search for a buyer for its US business, this time seeking companies that are not direct competitors, Manager Magazin reported.

Citing unidentified industry sources, the article said possible buyers could include the Mexican phone company América Móvil, internet giant Google and satellite television provider Dish.

A spokesperson for Deutsche Telekom said T-Mobile US is definitely an interesting asset, but there is no pressure to sell it.

The report said Deutsche Telekom's board has given its chief executive, Timotheus Höttges, more time to elaborate a new strategy for the US market. The board still wants to see the US operations sold in the medium term, it added.


Source Manager Magazin