Tag: Deutsche Telekom

Deutsche Telekom to Pay $1.1 Billion in Czech Unit Buyout

Deutsche Telekom AG (DTE), Germany’s biggest phone company, agreed to fully take over its Czech phone unit from investors including Mid Europa Partners LLP, according to the private-equity firm. The owner of the T-Mobile brand will pay 828 million euros ($1.1 billion) for a remaining stake of 39.2 percent from […]

T-Mobile to buy Verizon spectrum for $3.3 billion, eyes more purchases

T-Mobile US Inc (TMUS.N) is buying wireless airwave licenses from Verizon Wireless to improve its high-speed network in a $3.3 billion deal and said it hopes to follow up with more spectrum purchases. Shares in T-Mobile, majority owned by Deutsche Telekom (DTEGn.DE), rose 2.5 percent on Monday after the company […]