Article

Deutsche Telekom AG has sold 136,080 shares of T-Mobile US Inc. on September 9 and 10, generating approximately $33.7 million. T-Mobile has raised its expected cost synergies from the recent UScellular acquisition to $1.2 billion.

Goldman Sachs has initiated coverage with a buy recommendation and a target price of $286. T-Mobile's interest in acquiring spectrum from EchoStar follows a recent deal by AT&T. Additionally, T-Mobile appointed André Almeida as President of Growth and Emerging Business, signaling strategic shifts in the telecommunications landscape.