Deutsche Telekom Becomes the Majority Stakeholder of T-Mobile U.S.

Deutsche Telekom now holds a majority in T-Mobile U.S., the chief executive of the German telecoms company said on Wednesday.

The company reached a majority stake in T-Mobile U.S late Tuesday, CEO Tim Höttges said at the company’s annual general meeting.

“We have the majority and are the largest shareholder of the world’s most valuable telecommunications company – T-Mobile U.S.,” he said.

Read the source article at finance.yahoo.com