New Wireless Operator Emerges From Deal

Deutsche Telekom explores full T-Mobile U.S. acquisition via new holding company. Creates world's largest wireless operator by market cap, surpassing China Mobile. German government and KfW own 28% of Deutsche Telekom, which is valued at ~$167B with 53% stake in T-Mobile U.S.
Transaction requires political support in Berlin/Washington and FCC approval for spectrum transfers. Deal may need significant U.S. investments for approval. Deal amid Trump-Merz tensions and EU guidelines, possible Ireland HQ

Politics | Finance | Acquisition

United States | Germany | China | Ireland

Donald Trump | Friedrich Merz | Tom Hoettges

2 days ago