T-Mobile US network not for sale, says CEO

Link: D.Telekom CEO says T-Mobile USA is core asset | News | Mergers/Acquisitions | Reuters

T-Mobile CEO René Obermann says there are no plans to sell their US network, despite the rumour mill going into overdrive in the past few weeks, and apparent pressure from investors.

“The U.S. business is a core business of the mobile communications business and therefore of Deutsche Telekom,” Obermann said on Tuesday at an industry conference.

“We have defined the U.S. as a core business for Deutsche Telekom in the future as well,” he added, echoing Chief Financial Officer Karl-Gerhard Eick, who told Reuters in May that Deutsche Telekom was not considering a sale.

So there you go. Of course things might change – it wouldn’t be the first time a denial is issued a few weeks (or months) before the rumours come true.