Bloomberg: T-Mobile U.S. Could Attract Potential Buyers

Loading...
Loading...
Deutsche Telekom's CEO Timotheus Hoettges said in an interview in Barcelona, Spain that
T-Mobile U.S.TMUS
remains an attractive asset for a potential acquirer. Bloomberg reported on Wednesday afternoon that Deutsche Telekom, parent company to T-Mobile U.S. believes that
ComcastCMCSA
,
America Movil AMX
and
Dish NetworkDSH
are companies that could seek to control the fourth-largest U.S. mobile company. Japan based SoftBank (and parent company to
SprintS
) could make a fresh attempt at acquiring T-Mobile, according to Hoettges. The executive also said that providers of software and other services over the Internet could be looking for network infrastructure in the U.S. “Does that mean that we have to do a fast sale or something like that? Not at all,” Hoettges said in Spain. “It's a growth stock at this point in time and there are optionalities in the market.”
Market News and Data brought to you by Benzinga APIs
Posted In: NewsAmerica MovilComcastDeutsche TelekomDish NetworkSoftbankTimotheus Hoettges
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...