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APR 11, 2013 - Yahoo! News

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Deutsche Tel deal change paves way to cut U.S. exposure

By Harro Ten Wolde and Nadia Damouni FRANKFURT/NEW YORK (Reuters) - Sweetening the terms of a U.S. merger not only improves Deutsche Telekom's chances of getting a deal done, but may also pave the way for what some investors and bankers think it really wants - to reduce its exposure to a highly competitive market. The German group's T-Mobile USA unit lacks the critical mass to take on bigger U.S. rivals Verizon, AT&T and Sprint and has been losing market share. Having struck a deal to merge T-Mobile USA with smaller U.S. ...

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