Tuesday, July 5, 2016

Deutsche Telekom Prepping For 5 Billion Euro Mobile Mast Sell-Off

Two sources “close to the matter” say that Deutsche Telekom will sell German mobile phone masts in a 5 billion Euro ($5.5 billion USD) deal, according to Reuters. The sources say that Deutsche wants to have more funds available to invest in European networks such as infrastructure investors, insurers, private equity groups and pension funds. Goldman Sachs and Morgan Stanley have been tapped to organize auctioning off of the masts. Continue Reading

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