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S SentinelOne Inc

21.41
-0.09 (-0.42%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
SentinelOne Inc NYSE:S NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.09 -0.42% 21.41 21.98 21.17 21.91 3,120,780 01:00:00

Deutsche Telekom CEO: Don't Have Attractive Offer for T-Mobile US

07/08/2014 10:12am

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By Friedrich Geiger

FRANKFURT--Deutsche Telekom AG (DTE.XE) Chief Executive Timotheus Hoettges said Thursday that he hasn't received an offer for subsidiary T-Mobile U.S. (TMUS) that meet his requirements for a deal.

His comments came after Iliad SA (ILIAY) of France offered to buy a majority stake in the U.S. cellular carrier for $15 billion. T-Mobile, which faces stiff competition from larger carriers in the U.S., had also been in talks on a possible tie-up with Sprint, but Sprint has since decided to go it alone, The Wall Street Journal has reported.

"We've always said that we're open to transactions which increase the value," said Mr. Hoettges in a conference call with journalists, but "we don't have such an offer at this point."

Write to Friedrich Geiger at friedrich.geiger@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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