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Deutsche Telekom scrambling for cash to keep T-Mobile competitive
Mon, 01/09/2012 - 8:55am
CNET

Deutsche Telekom is trying to raise money to keep its T-Mobile USA unit competitive following AT&T's failure to acquire the unit.

The German telecom giant is looking to drum up billlions in cash by issuing bonds and possibly selling T-Mobile's cellular towers, says a story in today's Financial Times (registration required).

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