Deutsche Telekom is aiming to become market leader in the United States now that a deal for its T-Mobile US unit to take over Sprint is within reach.
Striking a bullish tone after a New York judge threw out a petition brought by a dozen U.S. states to block the deal, the company's Chief Executive Officer Tim Hoettges said the 'new' T-Mobile would go on the attack and look to close a valuation gap with AT&T and Verizon.
His mood was buoyed by a 3.7% jump in Deutsche Telekom shares, bringing year-to-date gains to 13%.
All feeds
