As a result of the two deals announced on Tuesday, Deutsche Telekom will raise its stake in T-Mobile US by 5.3% to 48.4% , bringing CEO Tim Hoettges closer to his goal of securing direct control over the $170 billion U.S. telecoms operator.
Read moreDoes T-Mobile exist in Germany?
On 1 April 2010, after the T-Home and T-Mobile German operations merged to form Telekom Deutschland GmbH, a wholly owned DT subsidiary; the T-Mobile brand was discontinued in Germany and replaced with the Telekom brand.
Read moreIs Deutsche Telekom the same as T-Mobile?
T-Mobile US, Inc. (TMUS) has been providing voice and data services for Deutsche Telekom since 2001 . Following the merger with its competitor Sprint on April 1, 2020, TMUS is the second largest mobile communications provider in the U.S. market (in terms of customers) and serves almost 100 million customers.
Read moreWhat is Telekom Deutschland?
listen); short form often just Telekom or DT; stylised as ·T·) is a German telecommunications company headquartered in Bonn and by revenue the largest telecommunications provider in Europe . Deutsche Telekom was formed in 1995, as the former state-owned monopoly Deutsche Bundespost was privatised.
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