Deutsche Telekom: Currently No Plans To Sell T-Mobile USA
DUESSELDORF -(Dow Jones)- German telecommunications operator Deutsche Telekom AG (DT) doesn't currently plan to sell the U.S. branch of its T-Mobile International AG (TMO.YY) unit, said company Chief Executive Kai-Uwe Ricke Tuesday.
Speaking at the company's shareholder meeting in Hannover, Ricke said T-Mobile USA is following "an extremely successful growth strategy which we will continue."
Merger plans between large mobile phone operators have raised speculation about consolidation within the industry. T-Mobile USA is the smallest of the national operators.
-By Stefan Paul Mechnig, Dow Jones Newswires; +49-69-2972-5500; duesseldorf.de@dowjones.com.
(END) Dow Jones Newswires"
Posted to the site on 26th April 2005
