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Deutsche Telekom in talks to sell T-Mobile Netherlands Sign in with LinkedIn
11 January 2021 | Natalie Bannerman Deutsche Telekom is reportedly preparing to sell its Dutch subsidiary T-Mobile Netherlands.
According to Reuters, based on a report by Dutch financial publication Financieele Dagblad, Deutsche Telekom is planning on selling the mobile unit to unnamed private equity investors that could be worth between €4 billion to €5 billion.
Any potential sale to KPN or Vodafone-Liberty Global joint venture VodafoneZiggo, the two other major telecoms operators in the Netherlands, has been ruled out on the grounds of fair market competition, says sources close to the matter.
The news follows previous rumours back in 2015, where Deutsche Telekom was reportedly in talks to sell
DT looks to sell T-Mobile Netherlands for over €5bn totaltele.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from totaltele.com Daily Mail and Mail on Sunday newspapers.
By Reuters Staff
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FILE PHOTO: Brochures with the logo of Deutsche Telekom AG are pictured at the shop in the headquarters of German telecommunications giant in Bonn, Germany, February 19, 2019. REUTERS/Wolfgang Rattay
AMSTERDAM (Reuters) - Deutsche Telekom is preparing a sale of its Dutch subsidiary T-Mobile Netherlands, Dutch financial daily Financieele Dagblad said on Monday.
Citing sources close to the matter, the paper said Deutsche Telekom is looking to sell the mobile phone operator to private equity investors in a deal that could be worth 4 billion to 5 billion euros ($4.9 billion to $6.1 billion).
A sale to one of the two other telecom operators in the Netherlands, KPN and Vodafone-Liberty Global joint venture VodafoneZiggo, would be impossible due to competition concerns, the sources said.