T-Mobile Netherlands sells for over €5 billion

Deutsche Telekom has announced the sale of its T-Mobile Netherlands business to funds managed by a pair of private equity big guns, quashing rumours of a big telco takeover.
A group of funds managed by Apax Partners and Warburg Pincus will pay €5.1 billion for the Dutch mobile operation, which is majority owned by Deutsche Telekom.
The German incumbent has been working on the sale of the business for several months – it announced it would be the subject of a strategic review at its Ca