TOKYO (Reuters) - SoftBank Group Corp is in talks to sell “a significant portion” of its T-Mobile US stake to controlling shareholder Deutsche Telekom AG, the Wall Street Journal reported on Monday citing unidentified sources.
A deal would see Deutsche Telekom’s stake in the carrier, which merged with SoftBank’s wireless unit Sprint last month, rise above 50%, the newspaper reported.
SoftBank and Deutsche Telekom were not immediately available for comment.
Reporting by Sam Nussey; Editing by Christian Schmollinger
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