TeleGeography Logo

Blackstone cuts stake in DT

12 Nov 2012

US private equity group Blackstone Partners has reduced its shareholding in Deutsche Telekom (DT) by around a third. Reuters cites the German telecoms group as saying that Blackstone had cut its stake by approximately 65.2 million shares from 4.44% to 2.93% on 6 November. The private equity firm Blackstone bought 192 million shares in DT from state-owned development bank KfW in April 2006 for a total of EUR2.68 billion (USD3.5 billion).

Germany, Deutsche Telekom (DT)

GlobalComms Database

Want more? Peruse the GlobalComms Database—the most complete source of intel about mobile, fixed broadband, and fixed voice markets.


TeleGeography is the definitive source for telecom news, numbers, and analysis. Explore the full research catalog.