Deutsche Telekom takes full control of T-Mobile’s Czech unit

Saqib Shah

February 10, 2014

Deutsche Telekom has bought the remaining parts of T-Mobile’s Czech Republic division in a deal reportedly worth $800 million euros ( £665 million).

The German telecom operator acquired the outstanding 40 per cent stake in T-Mobile from investors Mid Europa Partners and Al Ain.

The deal forms part of Deutsche Telekom’s plan to offer an integrated structure of mobile-phone networks and landlines across Europe.

Last month it also acquired GTS Central Europe for 546 million euros ( £454 million) in a deal that earned the Bonn-based company a fibre optic fixed-line and infrastructure business in Eastern Europe.

In other T-Mobile news, the network operator is facing opposition from the US Justice Department in regards to its proposed merger with internet service provider Sprint.

Source: Reuters, The Columbus Dispatch

About the Author

Saqib Shah

Tech/gaming journalist for What Mobile magazine and website. Interests include film, digital media and foreign affairs.

Share this article

More Stories

Blizzard announce funding initiative for collegiate esports societies

Gaming giants Blizzard have partnered with TeSPA (The eSports Association) to offer a wide array of incentives to college esports societies. In order to assist the already rapid growth of esports in the US, Blizzard will be contributing additional support to TeSPA’s Membership Milestone program. For just a $10 annual membership enlisted chapters will be […]

February 10, 2014

FIFA 14 back on top of UK charts

EA’s FIFA 14 has regained the top spot in the weekly UK video game charts, having been topped by Tomb Raider last week. Following up in second place is Call of Duty: Ghosts. One of the few new releases this week, Fable: Anniversary, came in third, with Tomb Raider falling back to fourth. Other than […]

February 10, 2014

The curious case of Flappy Bird: What the hell is going on?

This particular story is sure to evoke a mixed range of reactions from the people out there in smartphone-land: developer Dong Nguyen has decided to remove Flappy Bird from the iOS and Google Play app stores. Flappy Bird has seen a staggering and, frankly, baffling rise to fame in recent weeks, with hundreds of thousands […]

February 10, 2014

HTC to make cheaper smartphones as profits dwindle

Taiwanese manufacturer HTC says that it will make cheaper smartphones to revive its struggling business. According to the company, its focus on its flagship devices such as the HTC One and M8 led to it missing out on a “huge chunk” of the mid-tier market. HTC Chief Financial Officer Chialin Chang recently told Reuters that […]

February 10, 2014