Deutsche Telekom sells T-Mobile Netherlands - Reuters News Agency
Business & FinanceDeals

Deutsche Telekom sells T-Mobile Netherlands

Reuters was ahead of the competition on Sept 7 when Deutsche Telekom sold its Dutch unit T-Mobile Netherlands for 5.1 billion euros, while increasing its stake in T-Mobile US. 

Market Impact

The news lifted the shares of Deutsche Telekom by 2.4%, as the price was higher than expected.

Article Tags
Topics of Interest: Business & FinanceDeals
Type: Reuters News First
Sectors: Equities
Regions: Europe
Countries: Netherlands
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
Signage for a T-Mobile store is pictured in downtown Los Angeles, California August 31, 2011. The Obama administration on Wednesday fired a legal broadside to block AT&T Inc's $39 billion acquisition of T-Mobile, launching its biggest challenge yet to a takeover and dealing the carrier a potentially costly blow.     REUTERS/Fred Prouser  (UNITED STATES - Tags: BUSINESS TELECOMS)
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