Deutsche Telekom CEO says confident on MetroPCS deal
MUNICH (Reuters) - Deutsche Telekom AG DTEGn.de is confident a deal to merge its T-Mobile USA unit with U.S. carrier MetroPCS Communications Inc PCS.N will go through, its chief executive said on Wednesday.
"We do however need to explain more clearly the benefits for both sides," Rene Obermann told Reuters on the sidelines of a conference in Munich.
Japan's Softbank (9984.T) earlier this month agreed to buy a 70 percent stake in rival carrier Sprint Nextel (S.N) and there have been reports it may also look to acquire MetroPCS.
Obermann declined to comment when asked whether Softbank could make a rival bid for MetroPCS.
(Reporting by Peter Maushagen; writing by Victoria Bryan)
DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.