Deutsche Telekom CEO says T-Mobile US valued at $46 billion

Reuters News
Posted: Mar 06, 2014 5:14 AM

FRANKFURT (Reuters) - Deutsche Telekom's Chief Executive Tim Hoettges said on Thursday T-Mobile US is currently valued at $46 billion after shares have gained on the back of the company's turnaround.

T-Mobile US added 2 million new branded postpaid customers last year after losing subscribers for four years.

Deutsche Telekom holds a 67 percent stake in T-Mobile US.

(Reporting by Harro ten Wolde; Editing by Jonathan Gould)