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Deutsche Telekom eyes EUR 4-5 bln from sale of masts -report

2016-07-04 09:47:00| Telecompaper Headlines

(Telecompaper) Deutsche Telekom is looking to sell thousands of German mobile phone masts, Reuters reported, with sources saying the company wants the funds for its European networks. Deutsche Telekom has appointed Goldman Sachs and Morgan Stanley to organize an auction of the German masts, which it plans to launch in the autumn and which it hopes will value the assets at EUR 4-5 billion including debt, the sources said.

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Category:Telecommunications

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