Deutsche Telekom CEO declines to comment on T-Mobile US merger report
TMUS•Deutsche Telekom CEO Tim Hoettges declined to comment on a media report about a possible merger with T-Mobile US, calling it speculation. He said Deutsche Telekom has more than 500 AI projects underway in Europe.
1. Merger report and AI
Hoettges said he did not want to fuel speculation about a report that Deutsche Telekom had put a possible merger with T-Mobile US on hold, saying it was leading to sharp price fluctuations. He called AI and Elon Musk the company’s biggest challenges, said Musk could aspire to build a global communications platform and said he spends 30% of his time on AI projects.
