Friday, March 11, 2016

Deutsche Telekom AG Considering Cash Options for Infrastructure Assets

European telephone companies are looking for ways to raise more cash, and Germany-based Deutsche Telekom AG is following suit. The company, which has about 40,000 cell sites in Europe, may look at options like a spinoff or initial public offering, according to Bloomberg. The IPO could value assets in billions of dollars.
“Talks are still at an early stage and no final decisions have been made about which assets might be included,” but carving out infrastructure that transmits phone signals can both raise cash and lower expenses, reports Bloomberg.

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