FRANKFURT (Reuters) - Deutsche Telekom (DTEGn.DE) said on Thursday that the U.S. Department of Justice’s support for its T-Mobile US (TMUS.O) unit to merge with Sprint (S.N) was a major milestone, and that it was committed to growing the combined business.
“Our plans to build a bigger, stronger T-Mobile remain unchanged,” CEO Tim Hoettges said in prepared remarks for a call with journalists.
“This is confirmed by the expected synergies with a net present value of around $43 billion on the cost and capex side.”
Reporting by Douglas Busvine, editing by Riham Alkousaa
