Deutsche Telekom sells shareholding in satellite operator SES Global
Deutsche Telekom has sold part of its shareholding of 77.5 million shares or 13.2 % in the European satellite operator SES Global. The sale was made in the context of a listing of SES Global on the stock exchange in Paris on Wednesday. Around 35 million shares were sold.
The proceeds were approximately EUR 260 million, which has been used to reduce debt.