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Report: Deutsche Telekom considering T-Mobile IPO or spinoff

FierceWireless  Feb 05 10

Deutsche Telekom is considering an initial public offering or a spinoff of T-Mobile USA in a bid to turn around its struggling U.S. arm and reassure investors, according to a report in the Wall Street Journal.

The report, which cited unnamed sources familiar with the matter, said Deutsche Telekom has held meetings recently with a number of banks to discuss funding an IPO. One scenario under consideration, according to the report, would be to sell about 20 percent of the unit to investors and keep the rest. The main thinking behind such a move would be get additional funding for T-Mobile's network buildout. Full story...

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FierceWireless  less than a day ago

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Report: BlackBerry Bold top handset in Q4

FierceWireless  less than a day ago

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FierceWireless  less than a day ago

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FierceWireless  less than a day ago

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