- With consolidation fever sweeping the media and telecom industries, Deutsche Telekom (OTCQX:DTEGY -0.4%) is playing coy about selling its interest in T-Mobile U.S. (TMUS -1.4%) -- even if T-Mobile chief John Legere has enthusiastically talked up the idea of partnering up in quarterly calls.
- "We are not in the mood of selling the business. We are not in the mood of: 'Oh where is the partner we need?' " CEO Tim Hoettges told the Morgan Stanley conference in Barcelona.
- But he's keeping an eye on the Trump administration as it takes shape and looking for any regulatory changes. The company's last two attempts to sell T-Mobile got tied up by government watchdogs, and since then T-Mobile has pulled off a recovery: It's almost as big as DT's German business.
- "All of this is helping us to be open and try to improve our situation," he says. "I am not afraid about whether a (pure) mobile player can survive in this environment. If there are any options, we are going to consider."