Deutsche Telkom preparing to sell stake in tower biz

Towards the end of 2021, Deutsche Telekom’s CEO, Timotheus Höttges, announced during an investor conference that he was interested in finding a partner for the company’s tower business, with media reports later suggesting that a stake sale in the unit was imminent. Analysts have previously suggested that Telekom’s roughly 40,600 towers, could be worth up to €18 billion.Now, just days after Deutsche Telekom started the official sales process for the unit…r