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US: T-Mobile will be part of merger talks

 |  May 11, 2017

T-Mobile US will very likely be part of merger talks in the United States and its strong position there should give it time to find the best fit, its parent Deutsche Telekom said on Thursday.

“Purely theoretically, we can see several advantages to consolidation and convergence,” Deutsche Telekom Chief Executive Tim Hoettges told reporters after its first-quarter results.

The US Federal Communications Commission barred merger talks among telecommunications companies for more than a year as it conducted a $19.8 billion auction of airwaves from broadcasters for wireless use. Companies taking part in the auction had been restrained by a quiet period that ended last month.

Full Content: CNBC

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