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SoftBank in negotiations for the sale of T-Mobile shares to Deutsche Telekom



SoftBank Group Corp. is negotiating the sale of a significant portion of its stake in T-Mobile US Inc. of the controlling shareholder Deutsche Telekom AG as the Japanese technology conglomerate competes for fundraising.

If the transaction is completed, it will increase Deutsche Telekom’s stake in T-Mobile by almost 44% over 50%, according to people familiar with the matter. The German company already has control over the votes of the giant mobile phone in the USA according to a preliminary agreement with SoftBank, which recently held almost 25% of the total shares of T-Mobile, …


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