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Deutsche Telekom Mulls Sale of Dutch Subsidiary

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Germany's Deutsche Telekom is reportedly considering a sale of its Dutch subsidiary. A sale could earn as much as USD5.7 billion for the German owners.

Citing people familiar with the issue, Bloomberg News reported that a sale could help the company pay down debt and fund radio spectrum acquisition in the USA.

No final decision has been taken yet, and the company may decide against a sale after all.

Deutsche Telekom has declined to comment.

The country is currently dominated by KPN which holds a market share of 52 percent, followed by Vodafone (25.5%), T-Mobile with 18.2 percent and finally newly launched Tele2.

Acquisition hungry Liberty Global is already present in the market, with a cable operator.

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Tags: t-mobile  deutsche telekom  Netherlands