Deutsche Telekom CEO Open to US Mobile Market Consolidation

Deutsche Telekom said the company 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, according to Reuters. “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. (Source: Reuters)