{"id":64450,"date":"2018-04-30T11:27:04","date_gmt":"2018-04-30T11:27:04","guid":{"rendered":"https:\/\/www.biphoo.com\/bipnews\/?p=64450"},"modified":"2018-04-30T11:27:04","modified_gmt":"2018-04-30T11:27:04","slug":"deutsche-telekom-sees-t-mobile-sprint-deal-clearing-anti-trust-scrutiny","status":"publish","type":"post","link":"https:\/\/www.biphoo.com\/bipnews\/business\/deutsche-telekom-sees-t-mobile-sprint-deal-clearing-anti-trust-scrutiny.html","title":{"rendered":"Deutsche Telekom sees T-Mobile-Sprint deal clearing anti-trust scrutiny"},"content":{"rendered":"<h2><span style=\"font-size: 18pt\"><strong><span style=\"font-family: Arial, Helvetica, sans-serif;color: #000000\">Deutsche Telekom sees T-Mobile-Sprint deal clearing anti-trust scrutiny<\/span><\/strong><\/span><\/h2>\n<p><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">Deutsche Telekom (DTEGn.DE) CEO Tim Hoettges expressed confidence on Monday that the $26 billion takeover of Sprint Corp (S.N) by its U.S. unit T-Mobile US (TMUS.O) would clear anti-trust hurdles.<\/span><\/p>\n<p><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">Hoettges, speaking after the all-stock deal was announced on Sunday, also touted that the deal would enable Telekom to vote the stake of Sprint\u2019s main owner, Japan\u2019s Softbank (9984.T), thus securing overall control of the No.3 U.S. wireless player.<\/span><\/p>\n<p><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">\u201cI have been working on this deal for 7 years,\u201d Hoettges told analysts on a call. \u201cWe have never been so optimistic as we have been today.\u201d<\/span><\/p>\n<p><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">Rather than looking at the proposed combination of T-Mobile and Sprint as deal between wireless operators, regulators should also include fixed line operators in their assessment, and consider the fact that these two markets are converging.<\/span><\/p>\n<p><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">The market definition has changed,\u201d Hoettges said.<\/span><\/p>\n<p><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">Deutsche Telekom\u2019s shares opened 2.9 percent higher at 14.80 euros, as analysts baked synergies estimated by the parties to the deal at $43 billion into their valuations.<\/span><\/p>\n<p><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 14pt;color: #000000\">Jefferies estimated the deal upside at 2.40 euros per share for Deutsche Telekom, assuming flawless execution. Based on its weighted analysis of the deal\u2019s chances of happening, it put the upside at 60 euro cents, or 4 percent.<\/span><\/p>\n<p><span style=\"font-family: Arial, Helvetica, sans-serif;font-size: 8pt;color: #000000\">Source:-https:\/\/www.reuters.com\/article\/us-sprint-corp-m-a-t-mobile-us-deutsche\/deutsche-telekom-sees-t-mobile-sprint-deal-clearing-anti-trust-scrutiny-idUSKBN1I10RF<\/span><\/p>\n<div class=\"fb-background-color\">\n\t\t\t  <div \n\t\t\t  \tclass = \"fb-comments\" \n\t\t\t  \tdata-href = \"https:\/\/www.biphoo.com\/bipnews\/business\/deutsche-telekom-sees-t-mobile-sprint-deal-clearing-anti-trust-scrutiny.html\"\n\t\t\t  \tdata-numposts = \"10\"\n\t\t\t  \tdata-lazy = \"true\"\n\t\t\t\tdata-colorscheme = \"light\"\n\t\t\t\tdata-order-by = \"social\"\n\t\t\t\tdata-mobile=true>\n\t\t\t  <\/div><\/div>\n\t\t  <style>\n\t\t    .fb-background-color {\n\t\t\t\tbackground: #ffffff !important;\n\t\t\t}\n\t\t\t.fb_iframe_widget_fluid_desktop iframe {\n\t\t\t    width: 630px !important;\n\t\t\t}\n\t\t  <\/style>\n\t\t  ","protected":false},"excerpt":{"rendered":"<p>Deutsche Telekom sees T-Mobile-Sprint deal clearing anti-trust scrutiny Deutsche Telekom (DTEGn.DE) CEO Tim Hoettges expressed confidence on Monday that the $26 billion takeover of Sprint Corp (S.N) by its U.S. unit T-Mobile US (TMUS.O) would clear anti-trust hurdles. Hoettges, speaking after the all-stock deal was announced on Sunday, also touted [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":64451,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[146,117626,134971,128711,30775,128710],"class_list":["post-64450","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business-news","tag-business-news-today","tag-deutsche-telekom-sees-t-mobile-sprint-deal-clearing-anti-trust-scrutiny","tag-latest-and-daily-business-news","tag-latest-business-news-usa","tag-live-updates-news"],"_links":{"self":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts\/64450","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/comments?post=64450"}],"version-history":[{"count":0,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts\/64450\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/media\/64451"}],"wp:attachment":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/media?parent=64450"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/categories?post=64450"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/tags?post=64450"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}