STATEMENT: Deutsche Telekom Response to DOJ Complaint in Proposed AT&T Purchase of T-Mobile USA

BELLEVUE, Wash. — Aug. 31, 2011

NOTE:  This statement may be attributed to Philipp Schindera; EVP of Corporate Communications, Deutsche Telekom

On August 31, 2011, the United States Department of Justice (DOJ) informed Deutsche Telekom that it will file a complaint in the U.S. District Court for the District of Columbia seeking a permanent injunction blocking the proposed stock purchase agreement between AT&T and Deutsche Telekom under which AT&T will acquire T-Mobile USA from Deutsche Telekom.

Deutsche Telekom is very disappointed by the DOJ's action, and will join AT&T in defending the contemplated merger against the complaint in court. DOJ failed to acknowledge the robust competition in the U.S. wireless telecommunications industry and the tremendous efficiencies associated with the proposed transaction, which would lead to significant customer, shareholder, and public benefits. We appreciate the DOJ's willingness to discuss possible remedies to address the competitive concerns.

About the Transaction: On March 20, 2011, Deutsche Telekom entered into a merger agreement with AT&T pursuant to which under AT&T will purchase 100% ownership in T-Mobile USA from Deutsche Telekom in a cash-and-stock transaction valued at approximately $39 billion.  Deutsche Telekom will take an approximate 8% stake in US telecommunication company AT&T.



Lindsay Morio
T-Mobile USA Media Relations
425-383-4002

mediarelations@t-mobile.com



About T-Mobile USA, Inc.

Based in Bellevue, Wash., T-Mobile USA, Inc. is the U.S. wireless operation of Deutsche Telekom AG (OTCQX: DTEGY).  By the end of the second quarter of 2011, approximately 128 million mobile customers were served by the mobile communication segments of the Deutsche Telekom group — 33.6 million by T-Mobile USA — all via a common technology platform based on GSM and UMTS and additionally HSPA+ 21/HSPA+ 42.  T-Mobile USA’s innovative wireless products and services help empower people to connect to those who matter most.  Multiple independent research studies continue to rank T-Mobile USA among the highest in numerous regions throughout the U.S. in wireless customer care and call quality.  For more information, please visit http://www.T-Mobile.com.  T-Mobile is a federally registered trademark of Deutsche Telekom AG.  For further information on Deutsche Telekom, please visit www.telekom.de/investor-relations.

<< Back
  • RSS Feeds  |   Email Alerts
  • Media Library

    Images & Logos
    Videos
  • About Us

    The Company
    Investor Relations
  • Contact Us

    Media Inquiries
    Customer Care

You must be logged in to view this item.



Login

This area is reserved for members of the news media. If you qualify, please update your user profile and check the box marked "Check here to register as an accredited member of the news media". Please include any notes in the "Supporting information for media credentials" box. We will notify you of your status via e-mail in one business day.