Ambani’s Reliance is reportedly considering a bid for Deutsche Telekom AG’s Netherlands subsidiary. The Indian conglomerate is working with an adviser to evaluate an offer for T-Mobile Netherlands BV. Reports claim that Deutsche Telekom is seeking about €5bn (₹43,500cr) in any sale. T-Mobile is Netherlands' second-largest telco with over 5.7mn subscribers. It was founded in 2002.
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