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Deutsche Telecom AG says it's still committed to T-Mobile USA

Newsbrief by Todd Haselton on Monday May 03, 2010.

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Today Deutsche Telecom AG's CEO Rene Obermann said during its annual shareholder meeting that Deutsche Telecom AG is still committed to T-Mobile USA. And despite admitting that he's not been "fully satisfied," with the company's performance in the U.S., he said that "it is making us a great deal of money." In February rumors surfaced that Deutsche Telecom could be shopping for a buyer for T-Mobile USA, or may be preparing an IPO, but then in March the company said it had no plans to sell the carrier.

source: The Wall Street Journal


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