Events after the reporting period

Agreement with DigitalBridge and Brookfield on the Group’s cell tower business in Germany and Austria. On July 13, 2022, Deutsche Telekom agreed to sell a 51.0 % stake in GD Towers, comprising its tower assets in Germany and Austria, currently assigned to the Group Development operating segment (GD tower companies), to DigitalBridge and Brookfield.

For further information on the agreement with DigitalBridge and Brookfield on GD Towers, please refer to the section “Changes in the composition of the Group and other transactions.”

Proceedings against T‑Mobile US in consequence of the cyberattack on T‑Mobile US. For information on the agreement concluded on July 22, 2022 to settle the consumer class action in the Federal Court, please refer to the section “Contingencies.”

New limited partners admitted to infrastructure fund (DIV II). On August 2, 2022, Digital Transformation Capital Partners (DTCP Infra) admitted new investors to the investment company Digital Infrastructure Vehicle II SCSp SICAV-RAIF (DIV II). As a result, Deutsche Telekom’s share decreased from 66.67 % to 43.5 %.

For further information on the admission of new limited partners to the DIV II infrastructure fund, please refer to the section “Changes in the composition of the Group and other transactions.”

Agreements on the acquisition of spectrum licenses in the United States. On August 8, 2022, T-Mobile US entered into agreements with Channel 51 License Co LLC and LB License Co, LLC (Sellers) for the acquisition of spectrum licenses in the 600 MHz band for a purchase price of USD 3.5 billion (EUR 3.4 billion). The licenses are to be acquired without any associated network assets. T-Mobile US currently utilizes these licenses under an existing arrangement with the Sellers covering fixed-term spectrum leases. The agreements are subject to approvals by the regulatory authorities and certain other customary closing conditions. The transactions are expected to be closed in mid to late 2023.