BONN, Germany (Reuters) – Deutsche Telekom (DTEGn.DE) is aiming to become market leader in the United States, CEO Tim Hoettges said on Wednesday, now that a deal for its T-Mobile US (TMUS.O) unit to take over Sprint (S.N) is within reach.
Timotheus Hoettges, Chief Executive Officer of Germany’s telecommunications giant Deutsche Telekom AG arrives for the company’s annual news conference in Bonn, Germany, February 19, 2020. REUTERS/Wolfgang Rattay
Striking a bullish tone after a New York judge threw out a petition brought by a dozen U.S. states to block the deal, Hoettges said the ‘new’ T-Mobile would go on the attack and look to close a valuation gap with AT&T (T.N) and Verizon (VZ.N).
“We have the chance to become No.1 in the United States, to overtake AT&T and Verizon. That is our ambition,” Hoettges told reporters in Bonn after Deutsche Telekom reported record annual results in its 25th year as a listed company.
Ebullient, Hoettges brandished a coffee cup bearing a…
Source Reuters Tech News