May 24, 2018 / 8:06 AM / a month ago

Deutsche Telekom to keep options open on T-Systems

LONDON, May 24 (Reuters) - Deutsche Telekom said it will keep its options open on the future of T-Systems, saying in an investor presentation it would “maintain strategic optionality” with regard to the troubled IT services unit.

Deutsche Telekom also said that any share buybacks could be of its own stock or in the form of an increased stake in its T-Mobile US, which has agreed to merge with smaller competitor Sprint Corp. (Reporting by Douglas Busvine Editing by Victoria Bryan)

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