Bernard Horn Comments on Deutsche Telekom

Aug 07, 2014

Outperformance in the telecom sector was due to Deutsche Telekom (XTER:DTE), which continued to gain traction on speculation that Softbank may acquire DT’s T-Mobile USA subsidiary, and KDDI Corp., the Japanese telecom carrier which is expected to introduce flat rate plans.

From Bernard Horn (Trades, Portfolio)’s Polaris Global Value Fund Second Quarter 2014 Shareholder Letter.

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