FRANKFURT Feb 5 The German government is
considering a sale of shares in Deutsche Telekom to
cash in on the stock's 45 percent rise over the past 12 months,
two people familiar with the matter said.
Germany holds a 31.9 percent stake in the former monopolist,
worth about 16 billion euros ($21.6 billion) at current market
prices, with 17.4 percent held via state development bank KfW
The sources told Reuters that KfW has invited banks to
present scenarios for a share placement.
But preparations are at an early stage and it is not clear
whether or when a placement could take place, they said.
Deutsche Telekom, KfW and the finance ministry declined to
($1 = 0.7402 euros)
(Reporting by Phlipp Halstrick and Arno Schuetze; Additional
reporting by Matthias Sobolewski, Harro ten Wolde and Peter
Maushagen; Editing by Maria Sheahan)