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BERLIN, Sept 7 (Reuters) - Deutsche Telekom is
weighing options for its 12% stake in Britain's BT and
expects movement within the next 12 months, CEO Tim Hoettges
said on Tuesday.
"We have a lot of optionality in the BT business. It's too
early to make a decision. We are entertaining all options,"
Hoettges told a news briefing.
BT is at the centre of speculation after telecoms and cable
company Altice acquired a 12.1% stake in June, saying at the
time that it did not intend to launch a takeover offer. Deutsche
Telekom holds the BT stake in its pension fund.
"I would say that in the next 12 months something is going
to happen with the asset because the shareholder side is
changing rapidly," Hoettges said in response to a question from
an analyst.
(Reporting by Douglas Busvine
Editing by Madeline Chambers)
