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Deutsche Telekom Buys Rest Of T-Mobile Czech Shares
- Gigaom, Monday, February 10, 2014 4:08 PM
As part of its ongoing quest to beef up its central and eastern European operations, Deutsche Telekom has bought up the 39.23 percent of shares in T-Mobile Czech Republic that it did not already own. The shares, purchased from a private equity–led consortium, cost the carrier group €800 million (USD $1.1 billion). Deutsche Telekom bought GTS Central Europe in November, partly for its fixed-line infrastructure in the Czech Republic, and now that plan is coming together.
