Deutsche Telekom Sees No Need for U.S Consolidation

Experts

Policy Counsel
Senior Director of Federal Policy and the Washington Office

Campaigns

Sick of outrageous cable and Internet prices? Want better cell phone service? Join our campaign to get you the best deals, and help us fight for real competition in the media marketplace.

Oct. 12 (Bloomberg) — Deutsche Telekom AG Chief Financial Officer Timotheus Hoettges said there’s no need for further consolidation of the U.S. mobile-phone market. “There are four national players in the U.S. market for 300 million households, while in Europe, where we have 350 million households, there are 50-70 operators,” Hoettges said, after a conference in Frankfurt today. “We believe in our chances of being the challenger.”