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By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an
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T-Mobile logo is ready to be placed on a former Era Mobile outlet in Warsaw June 1, 2011.
Credit: Reuters/Kacper Pempel
FRANKFURT |
Sat Aug 27, 2011 6:58am EDT
FRANKFURT (Reuters) - Deutsche Telekom (DTEGn.DE) said it had not been cutting jobs at its U.S. arm T-Mobile USA in anticipation of the unit's sale to AT&T (T.N), as reported by a German online magazine on Friday.
Focus Online, quoting a representative of the CWA union, reported that Deutsche Telekom had cut 2,600 jobs at T-Mobile USA call centers in the past few months ahead of the merger.
"We have not carried out any measures to cut jobs ahead of the planned T-Mobile USA sale to AT&T," a Deutsche Telekom spokesman said late on Friday.
"In the past 12 months the workforce has been reduced by 2,000 but that is in line with normal fluctuations." The U.S. unit employs 36,000 people at present.
Deutsche Telekom is awaiting regulatory approval for the sale of the ailing T-Mobile USA business to AT&T for $39 billion. It expects the sale will be sealed first quarter of 2012.
(Reporting by Peter Maushagen; editing by Keiron Henderson)
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We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/
Comments (1)
M.C.McBride wrote:
ATT cannot handle its current customers. This deal should not be approved. Another example of regulators not regulating.
Aug 28, 2011 11:15am EDT -- Report as abuse
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