Deutsche Telekom ‘may sell T-Mobile USA’

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Deutsche Telekom 'may sell T-Mobile USA'

Deutsche Telekom is reportedly toying with the idea of either selling its US mobile arm T-Mobile or upgrading the operator’s network to be more competitive.

Reports suggest that selling T-Mobile USA could potentially net the German telecommunications firm up to $30bn. However, if Deutsche Telekom holds on to the US mobile subsidiary it will need to re-vamp its network at a cost estimated at around $10bn.

Read the complete story. (The Register)