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Deutsche Telekom Expects Breakup Fee Of More Than $1 Bln On T-Mobile-Sprint Deal

Deutsche Telekom AG (DTEGY.PK) wants to be compensated by Sprint Corp (S: Quote) in the event its merger with T-Mobile US Inc (TMUS: Quote) does not win regulatory approval, the Wall Street Journal reported, citing people familiar with the matter.

Deutsche Telekom AG, which owns 67 percent of T-Mobile, expects a breakup fee of more than $1 billion and promises that T-Mobile's brand and some of its management team would remain after a merger, the report stated.

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by RTT Staff Writer

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