Deutsche Telekom CEO says confident on MetroPCS deal

MUNICH Wed Oct 24, 2012 8:17am EDT

The logo of Deutsche Telekom AG is seen outside the company's headquarter in Bonn May 24, 2012. REUTERS/Wolfgang Rattay

The logo of Deutsche Telekom AG is seen outside the company's headquarter in Bonn May 24, 2012.

Credit: Reuters/Wolfgang Rattay

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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)

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