The Financial Times Sunday reported that Deutsche Telekom is looking to squeeze some money out of T-Mobile following the failed acquisition with AT&T. The most likely scenario is the sale of T-Mobile’s towers, which could gain $1-2 billion for the now flailing carrier. They are also pursuing the sale of bonds to raise funds, as T-Mobile spends on average $3 billion per year for capital expenses. Deutsche Telekom is expected to provide more details on its strategy when it reports financial results in February.
Source: Financial Times
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Mickey Papillon
Joey Koppes
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