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Deutsche Telekom open to US mobile market consolidation: CEO

Signage for a T-Mobile store is pictured in downtown Los Angeles, California August 31, 2011. REUTERS/Fred Prouser
Signage for a T-Mobile store is pictured in downtown Los Angeles, California August 31, 2011. REUTERS/Fred Prouser

BONN, Germany (Reuters) - Deutsche Telekom said on Thursday would be open to a potential consolidation in the U.S. mobile market but that at the same time it had no concerns about running its T-Mobile USA business.

"All our actions in the U.S. are to add value. At the moment we have no difficulties to run T-Mobile US on a stand-alone basis," Deutsche Telekom's Chief Executive Tim Hoettges told a news conference.

"If a consolidation in the US mobile market will take place, we will enter that phase with an open mind," he added.

(Reporting by Harro ten Wolde; Editing by Jonathan Gould)

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