Deutsche Telekom Buys Remaining Stake In T-Mobile CzechMani
Deutsche Telekom AG (OTCMKTS:DTEGY) (FRA:DTE) (ETR:DTE) is set to acquire the remaining 39.2% stake in its T-Mobile US Inc (NYSE:TMUS) Czech Republic unit for about €800 million ($1.09 billion).
According to Claudia Nemat, board member for Europe and technology at Telekom, the Czech Republic is an important market for Deutsche Telekom AG (OTCMKTS:DTEGY) (FRA:DTE) (ETR:DTE) due to its size and structure.
Presence since 1996
The carrier has offered mobile services in Germany’s eastern neighbor . . .
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