Deutsche Telekom weighs full takeover of T-Mobile US
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LONDON/BERLIN, April 22 (Reuters) - Deutsche Telekom is exploring a possible tie-up with T-Mobile US to create a $300 billion telecoms giant, sources said, in what would overtake Vodafone-Mannesmann's $203 billion merger in 1999 to become the biggest M&A deal ever.
You want European champions? Try this for size. Deutsche Telekom AG is considering taking full control of T-Mobile US Inc. in a move that could create a $260 billion transatlantic telecoms giant. It’s easy to see why the German suitor wants to go from being T-Mobile’s lead shareholder to its outright owner.
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The German group said that the flights canceled are operated by several of its airlines, mostly its regional carrier CityLine, and will equal a 1% reduction in its passenger capacity.
Deutsche Telekom is exploring a deal to combine with its U.S. unit, T-Mobile US, to create a US$400 billion telecoms giant in what would be the largest ever public merger, two people familiar with the matter said.