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Laxey pushes for sale of T-Mobile USA
07/11/2006
Deutsche Telekom is reportedly under pressure to sell its T-Mobile operations in the US after Laxey Partners, the UK hedge fund bought a significant stake in the company. Laxey director Colin Kingsnorth has also sent a letter to the chairman of Deutsche Telecom expressing his concerns about T-Mobile USA and other non-core activities, including Deutsche's property portfolio.
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