Deutsche Telekom Wants SoftBank's T-Mobile Shares

Deutsche Telekom is holding discussions with SoftBank (OTC:SFTBF) about purchasing shares in T-Mobile USA (NASDAQ:TMUS).

During the telecom giant's annual meeting, Tim Hoettges, CEO of Deutsche Telekom, said the company, which owns 43% of T-Mobile, has the right of first refusal to purchase shares from SoftBank.

IMAGE SOURCE: GETTY IMAGES.

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Source Fool.com