Deutsche Telekom holds majority of T-Mobile, CEO confirms
Justin Sullivan         

Deutsche Telekom CEO Tim HÃ¶ttges confirmed on Wednesday that the German telecom giant is now the majority shareholder of T-Mobile US (NASDAQ:TMUS).
HÃ¶ttges, who made the comments at the company's annual shareholder meeting, added that the transaction has benefited Deutsche Telekom shareholders to the tune of more than 70B euros.
Over the past five years, T-Mobile (TMUS) hasÂ gained 145%, vastly outperforming its much larger competitors, Verizon (VZ) and AT&T (T).
T-Mobile (TMUS) shares were fractionally lower in premarket trading on Wednesday.
Late last month, Morgan Stanley picked T-Mobile (TMUS) among its top 30 long-term stocks for 2025.