Report claims DT preparing sale of T-Mobile Netherlands

11 Jan 2021

According to sources cited by Dutch financial daily Financieele Dagblad, Deutsche Telekom (DT) is preparing a sale of its subsidiary T-Mobile Netherlands. Reuters writes that the unnamed sources said DT is looking to sell the mobile operator to private equity investors in a deal that could be worth EUR4 billion to EUR5 billion (USD4.9 billion to USD6.1 billion) while adding that a sale to one of the two other Dutch mobile main players, KPN or VodafoneZiggo, would be impossible due to competition concerns. There were no immediate comments on the report from DT or T-Mobile.

DT’s previous attempt to sell T-Mobile Netherlands in 2015/16 attracted initial interest from private equity groups but was ultimately unsuccessful. However, the Dutch company has since grown considerably via the takeover of Tele2 Netherlands in January 2019 and has also embarked on a significant fibre-optic fixed broadband access network rollout.

Netherlands, Deutsche Telekom (DT), T-Mobile Netherlands