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Tag: deutsch telekom

SoftBank is Planning to Sell Up to $21B of T-Mobile Stock
June 22, 2020 Sophia Vida
Hot Stocks

SoftBank is Planning to Sell Up to $21B of T-Mobile Stock

In an announcement on Monday, telecom giant SoftBank announced that it is planning to sell up to 198 million shares of T-Mobile stock. This equates to about $21 billion and represents roughly 65% of the company’s stake in T-Mobile. The move is a part of SoftBank’s goal of freeing up cash due to the coronavirus … Continue reading “SoftBank is Planning to Sell Up to $21B of T-Mobile Stock”

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