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Deutsche Telekom owns too much of T-Mobile USA?

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Deutsche Telekom owns too much of T-Mobile USA?
Not only is there a phenomenal song called "Under Pressure," it may accurately describe Deutsche Telekom in regards to their ownership stake of T-Mobile USA.  Turns out that during the Verizon and Alltel snafu, the FCC spent a bit of time going over the laws governing foreign ownership in US companies.  According to their findings, Deutsche Telekom owns 30 percent of the company, when legally, they are only allowed to own 20 percent. 

DT has 30 days to respond to the FCC and explain how they will enter into compliance with the law, however it may be as easy as "some simple paperwork."  We imagine that little will change; after all, isn't the company's motto to "Stick Together?"

source: PhoneScoop


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3 Comments

1. (unregistered) posted on 20 Oct 2010, 01:42

doesn't vodaphone own 45% of verizon wireless

2. how much more (unregistered) posted on 11 Nov 2008, 08:05

Coltan Coltan Coltan Google this word Coltan. we are Lab rats for corporate America.80%of the world Coltan comes from Africa. 5 million people die,because of our cell phone lap top play station games & etc. Never think about how the charge in your phone last so long, with out coltan no cell phone etc.

3. how much more (unregistered) posted on 11 Nov 2008, 08:18

stop the killing in Africa. Stop buying new cell phone ,laptop ,playstation. Stop and think why every 3-4 month they come out with something new.If we stop the need for these products ,we can stop the killing in Africa. If you stand for nothing you fall for anything.T-mobile,AT&T,Sprint,Alltel, Etc.

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