48 Events after the reporting period

Sale of shares in GD tower companies. Deutsche Telekom has agreed the partial sale of its cell tower business in Germany and Austria (GD tower companies). On February 1, 2023, the sale of 51.0 % of the shares in the GD tower companies to DigitalBridge and Brookfield was consummated in accordance with the agreement dated July 13, 2022. All necessary regulatory approvals had been duly granted and all other closing conditions met.

For further information, please refer to the section “Changes in the composition of the Group and other transactions” under “Summary of accounting policies.”

Buy-back of bonds by Deutsche Telekom. On February 1, 2023, Deutsche Telekom prematurely bought back EUR and GBP bonds with a total volume of EUR 2.7 billion with terms ending between 2023 and 2027. Part of the funds received from the sale of shares in the GD tower companies was used for the buy-back.

Proceedings against T‑Mobile US in consequence of the cyberattack on T‑Mobile US in January 2023.

For information, please refer to Note 39 “Contingencies.”

T‑Mobile US share buy-back program continued. In the period from January 1, 2023 to February 10, 2023, T‑Mobile US bought back around 15 million additional shares with a total volume of around USD 2 billion (around EUR 2 billion) under the share buy-back program.

For further information on the share buy-back program, please refer to the section “Other transactions that had no effect on the composition of the Group” under “Summary of accounting policies.”

Issue of USD bonds by T‑Mobile US. On February 9, 2023, T‑Mobile US issued senior notes with a total volume of USD 3.0 billion (EUR 2.8 billion) with terms ending between 2028 and 2053 and bearing interest of between 4.950 % and 5.650 %. T‑Mobile US intends to use the proceeds from the issuance of the senior notes for general business purposes, including further share buy-backs and the ongoing refinancing of existing debt.