Business Recorder - Markets - Financial https://www.brecorder.com/ Business Recorder en-Us Copyright 2026 Thu, 13 Aug 2026 19:44:16 +0500 Thu, 13 Aug 2026 19:44:16 +0500 60 Deutsche Telecom shares soar on rumour of US deal https://www.brecorder.com/news/6183/deutsche-telecom-shares-soar-on-rumour-of-us-deal <p class="MsoPlainText"><img style="margin-right: 10px; margin-bottom: 10px; float: left;" alt=" " src="https://i.brecorder.com/images/stories/Deutsche-Telekom.jpg" width="400" height="300" />FRANKFURT: Shares in German telecommunications giant Deutsche Telecom soared in afternoon trading Tuesday on increasing speculation about a mobile tie-up with Sprint in the United States, market sources said.</p> <p class="MsoPlainText">Deutsche Telecom shares showed a gain of 4.21 percent, leaping to the top of gainers on the DAX index which was 0.70 percent lower overall.</p> <p class="MsoPlainText">According to market rumours, the group's troubled T-Mobile USA unit is to merge with rival Sprint.</p> <p class="MsoPlainText">Deutsche Telecom finance director Tim Hoettges told AFP in an e-mail that "all options are open" for the US unit, whether it was "a full or partial sale, or a partnership."</p> <p class="MsoPlainText"><Center /><b><i>Copyright AFP (Agence France-Presse), 2011</b></i></center></p> FRANKFURT: Shares in German telecommunications giant Deutsche Telecom soared in afternoon trading Tuesday on increasing speculation about a mobile tie-up with Sprint in the United States, market sources said.

Deutsche Telecom shares showed a gain of 4.21 percent, leaping to the top of gainers on the DAX index which was 0.70 percent lower overall.

According to market rumours, the group's troubled T-Mobile USA unit is to merge with rival Sprint.

Deutsche Telecom finance director Tim Hoettges told AFP in an e-mail that "all options are open" for the US unit, whether it was "a full or partial sale, or a partnership."

Copyright AFP (Agence France-Presse), 2011

]]> Markets https://www.brecorder.com/news/6183 Tue, 08 Mar 2011 14:44:05 +0500 none@none.com (Imad Uddin)