T-Mobile US: Deutsche Telekom wants to quickly become majority shareholder

(Boursier.com) — Deutsche Telekomfirst shareholder of T-Mobile US with 48.5% of the capital, expects to become a majority shareholder well before 2024. The American operator, which represents three-fifths of the German group’s turnover, has gained subscribers after its merger with Sprint and the deployment of its 5G service. In the last quarter, T-Mobile acquired 1.7 million customers, bringing its total base to 110 million. DT chief executive Timotheus Hoettgas said acquiring a majority stake in T-Mobile US was the group’s most important strategic project at the moment.