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Crossed wires

7 September 2021 By Ed Cropley

The 85 bln euro German carrier is upping its stake in T-Mobile US by 5% to near-majority ownership. Doing so via a share swap with Japan’s SoftBank is better than handing over $8 bln in cash. Yet it exacerbates the problem of DT investors valuing U.S. assets at a discount.

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