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4-Traders Homepage  >  Equities  >  Tokyo  >  SoftBank Group Corp    9984   JP3436100006

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Deutsche Telekom CEO says keen on U.S. mobile consolidation

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03/02/2017 | 12:17pm CEST

Deutsche Telekom (>> Deutsche Telekom AG) is keen for its T-Mobile US (>> T-Mobile Us Inc) subsidiary to take part in a consolidation of the U.S. mobile market and is open to being either a buyer or a seller, its chief executive said on Thursday.

Deutsche Telekom (>> Deutsche Telekom AG) is keen for its T-Mobile US (>> T-Mobile Us Inc) subsidiary to take part in a consolidation of the U.S. mobile market and is open to being either a buyer or a seller, its chief executive said on Thursday.

The German company has invested heavily in T-Mobile US to turn it into the group's revenue and profit driver, as shown by 2016 results published earlier.

"Are we rather seller or buyer? It always depends on the quality of the possibilities - I don't prejudge," CEO Tim Hoettges told a news conference. "We do everything from the point of view of value creation."

Sources told Reuters last month that Japan's SoftBank (>> SoftBank Group Corp) was prepared to cede control of U.S. number-four mobile carrier Sprint (>> Sprint Corp) to enable a Sprint-T-Mobile merger, although it had not yet approached T-Mobile.

No merger talks are currently allowed between rival bidders in a U.S. airwave spectrum auction, which should end next month.

(Reporting by Georgina Prodhan; Editing by Maria Sheahan)

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Financials ( JPY)
Sales 2018 9 140 653 M
EBIT 2018 -
Net income 2018 639 503 M
Debt 2018 11 769 631 M
Yield 2018 0,51%
P/E ratio 2018 15,52
P/E ratio 2019 12,07
EV / Sales 2018 2,33x
EV / Sales 2019 2,19x
Capitalization 9 533 920 M
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SoftBank Group Corp Technical Analysis Chart | 9984 | JP3436100006 | 4-Traders
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Mean consensus OUTPERFORM
Number of Analysts 18
Average target price 11 258  JPY
Spread / Average Target 30%
EPS Revisions
Managers
NameTitle
Masayoshi Son Chairman & Chief Executive Officer
Ken Miyauchi President, Chief Operating Officer & Director
Yoshimitsu Goto Managing Executive Officer & Manager-Finance
Tadashi Yanai Independent Director
Yun Ma Director
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