Deutsche Telekom (XTER:DTE)’s stock price was up on news of merger & acquisition transactions, including BT Group’s potential purchase of British wireless venture EE, currently owned by DT and Orange S.A. DT’s T-Mobile remained an attractive asset for potential suitors, with Dish Network Corp. expressing interest. T-Mobile gained the most subscribers in the U.S. for 2014, although it is still struggling to turn a profit.
From Bernard Horn (Trades, Portfolio)’s Polaris Global Value Fund Q4 2014 Shareholder Letter.
