April 21 : Deutsche Telekom is exploring a full combination with T-Mobile, Bloomberg News reported on Tuesday, citing people with knowledge of the matter.
The German company has been in discussions about creating a new holding company that would make a stock bid for shares of both Deutsche Telekom and T-Mobile, the report said.
Deutsche Telekom is the majority shareholder in T-Mobile, with a stake of nearly 53 per cent, according to LSEG data.
Shares of T-Mobile rose more than 1 per cent following the news.
Both companies and the White House did not immediately respond to Reuters requests for comment.
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