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Deutsche Telekom open to US mobile market consolidation: CEO
March 6, 2014 / 10:16 AM / 4 years ago

Deutsche Telekom open to US mobile market consolidation: CEO

BONN, Germany (Reuters) - Deutsche Telekom said on Thursday would be open to a potential consolidation in the U.S. mobile market but that at the same time it had no concerns about running its T-Mobile USA business.

Timotheus Hoettges, CEO of Germany's telecommunications giant Deutsche Telekom AG poses in front of the company's logo following the annual news conference in Bonn March 6, 2014. REUTERS/Wolfgang Rattay

“All our actions in the U.S. are to add value. At the moment we have no difficulties to run T-Mobile US on a stand-alone basis,” Deutsche Telekom’s Chief Executive Tim Hoettges told a news conference.

“If a consolidation in the US mobile market will take place, we will enter that phase with an open mind,” he added.

Reporting by Harro ten Wolde; Editing by Jonathan Gould

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