Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

DEUTSCHE TELEKOM AG

(DTE)
  Report
Real-time Estimate Quote. Real-time Estimate Tradegate - 07/28 02:01:01 pm
17.788 EUR   -0.27%
05:23aDEUTSCHE TELEKOM : Download (pdf, 125.5 KB)
PU
07/27DEUTSCHE TELEKOM : Unit Extends Partnership With Google Cloud
MT
07/27DEUTSCHE TELEKOM : Joint Innovation from T-Systems and Google Cloud
PU
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Deutsche Telekom to Control More Than Half of T-Mobile US by 2024

05/20/2021 | 03:39am EDT

By Mauro Orru

Deutsche Telekom AG plans to increase its stake in its T-Mobile US Inc. business to more than 50%, Chief Executive Tim Hoettges said on Thursday.

The German telecommunications company currently has 43% of T-Mobile US which it controls through a shareholder agreement with Japanese technology and investment company SoftBank Group Corp.

Deutsche Telekom has a roadmap to increase its stake to 51% by 2024, management said ahead of the company's capital markets day on Thursday.

Deutsche Telekom is also considering the sale of its Netherlands business T-Mobile Netherlands and tower portfolio.

"The group regularly assesses its investments for possibilities to further increase their value - currently with a focus on T-Mobile Netherlands and the tower portfolio. In both cases, without preconceived views as to an outcome and with no time pressure," the company said.

Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94

(END) Dow Jones Newswires

05-20-21 0539ET

Stocks mentioned in the article
ChangeLast1st jan.
DEUTSCHE TELEKOM AG -0.17% 17.806 Delayed Quote.19.26%
SOFTBANK GROUP CORP. -4.84% 6745 End-of-day quote.-16.29%
T-MOBILE US 0.00% 144.88 Delayed Quote.7.39%
All news about DEUTSCHE TELEKOM AG
05:23aDEUTSCHE TELEKOM : Download (pdf, 125.5 KB)
PU
07/27DEUTSCHE TELEKOM : Unit Extends Partnership With Google Cloud
MT
07/27DEUTSCHE TELEKOM : Joint Innovation from T-Systems and Google Cloud
PU
07/26DEUTSCHE TELEKOM AG : Buy rating from Jefferies
MD
07/26DEUTSCHE TELEKOM AG : Goldman Sachs reiterates its Buy rating
MD
07/26DEUTSCHE TELEKOM : Innovative and inspiring training
PU
07/22DEUTSCHE TELEKOM AG : JP Morgan gives a Buy rating
MD
07/22DEUTSCHE TELEKOM : "With my job, I wake up in the morning"
PU
07/19DEUTSCHE TELEKOM : In action for people and networks
PU
07/19DESIGN, IMPROVE, PROVIDE FEEDBACK : Telekom's Ideenschmiede
PU
More news
Financials
Sales 2021 106 B 126 B 126 B
Net income 2021 4 064 M 4 799 M 4 799 M
Net Debt 2021 128 B 151 B 151 B
P/E ratio 2021 19,8x
Yield 2021 3,43%
Capitalization 84 604 M 100 B 99 887 M
EV / Sales 2021 1,99x
EV / Sales 2022 1,90x
Nbr of Employees 224 385
Free-Float 85,1%
Chart DEUTSCHE TELEKOM AG
Duration : Period :
Deutsche Telekom AG Technical Analysis Chart | DTE | DE0005557508 | MarketScreener
Technical analysis trends DEUTSCHE TELEKOM AG
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 25
Last Close Price 17,84 €
Average target price 21,72 €
Spread / Average Target 21,8%
EPS Revisions
Managers and Directors
Timotheus H÷ttges Chairman-Management Board & CEO
Christian P. Illek Chief Financial Officer
Ulrich Lehner Chairman-Supervisory Board
Claudia Nemat Chief Technology & Innovation Officer
Lothar Schr÷der Vice Chairman-Supervisory Board
Sector and Competitors