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Deutsche Telekom CEO says working on T-Mobile plan

Source:Paciat.com Date:(2011-12-23)Category:World Business News

FRANKFURT: Deutsche Telekom is working on a long-term plan for its US wireless unit after a deal with AT&T collapsed, Chief Executive Rene Obermann said on Tuesday.


\"In the long term, we need more spectrum and network capacity. We are working on that,\" Obermann told journalists during a conference call, but he declined to say what Deutsche Telekom\'s \"Plan B\" for the unit was.


AT&T said on Monday it had dropped its $39 billion bid for T-Mobile USA, bowing to fierce regulatory opposition and leaving both companies scrambling for alternatives.





Copyright Reuters, 2011
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