Deutsche Telekom nears sale of Dutch unit


Final bid: Deutsche Telekom maintenance work in progress in Berlin. The potential disposal of its Dutch interest could be one of the largest transactions in the European telecom sector this year. ― Bloomberg

LONDON: Deutsche Telekom AG is nearing a deal to sell its Dutch unit, which could fetch around €5bil (US$5.9bil or RM24.47bil) and rank as one of its largest divestments of recent years, people familiar with the matter said.

The German company could announce a sale of T-Mobile Netherlands in the coming days after collecting final bids last week, the people said, asking not to be identified because the information was private.

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