Contingent liabilities

This section provides additional information and explains recent changes in the contingent liabilities as described in the consolidated financial statements for the 2019 financial year.

Consent fee for Sprint. In connection with the business combination of T‑Mobile US and Sprint, T‑Mobile US would have been required to reimburse Sprint for 67 percent of the upfront consent and related bank fees it paid to lending banks, or USD 161 million, if the business combination agreement had been terminated. Since the business combination was consummated as of April 1, 2020, the contingent liability is no longer recognized.

Toll Collect arbitration proceedings. On May 16, 2018, Daimler Mobility AG (formerly Daimler Financial Services AG), Deutsche Telekom, and the Federal Republic of Germany had reached an agreement to cease the Toll Collect arbitration proceedings. Daimler Mobility AG and Deutsche Telekom had both agreed to make final payments of EUR 550 million each, for which they were jointly and severally liable. Since the last tranche of EUR 150 million, which fell due in 2020, was settled, there is no longer a contingent liability arising from the joint and several liability.