Telco Insights - WP/AP Telecom Holdings Purchases T-Mobile Netherlands for $6 Billion

Deutsche Telekom and Tele2 have announced that T-Mobile Netherlands will be sold to WP/AP Telecom Holdings for $6 billion (€5.1 billion), concluding Deutsche Telekom’s strategic review of the subsidiary.

The transaction between Deutsche Telekom, Tele 2 and WP/AP Telecom Holdings marks the conclusion of Deutsche Telekom’s internal review of T-Mobile Netherlands. The sale of T-Mobile Netherlands also follows Deutsche Telekom’s divesture of T-Mobile Infra, the group’s Dutch mobile tower business, in January 2021. Prior to the acquisition of WP/AP Telecom Holdings, Deutsche Telekom held 75% of shares in T-Mobile Netherlands, whereas Tele2 Group acted as a minority stakeholder with 25% of shares.