TMUS DTEGY The Scoop (more from Semafor) T-Mobile’s US executives have told its controlling shareholder, Deutsche Telekom, that they no long
TMUS DTEGY The Scoop (more from Semafor) T-Mobile’s US executives have told its controlling shareholder, Deutsche Telekom, that they no longer support a proposed $300B merger between the two companies, citing both shareholder and potential regulatory concerns, according to people familiar with the matter. Some of T-Mobile’s non-controlling shareholders — generally large institutional investors — have told the US company that they would oppose a merger with Deutsche Telekom, the people said, a slower-growing business compared to its American counterpart.
TMUS DTEGY The Scoop (more from Semafor) T-Mobile’s US executives have told its controlling shareholder, Deutsche Telekom, that they no longer support a proposed $300B merger between the two companies, citing both shareholder and potential regulatory concerns, according to people familiar with the matter.
Some of T-Mobile’s non-controlling shareholders — generally large institutional investors — have told the US company that they would oppose a merger with Deutsche Telekom, the people said, a slower-growing business compared to its American counterpart.