Sec Form 13D Filing - DEUTSCHE TELEKOM AG filing for T-Mobile US Inc. (TMUS) - 2020-06-15

Insider filing report for Changes in Beneficial Ownership

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  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549



SCHEDULE 13D/A

Under the Securities Exchange Act of 1934
(Amendment No. 8)



T-Mobile US, Inc.
(Name of Issuer)

Common Stock
(Title of Class of Securities)

872590104
(CUSIP Number)

Dr. Axel Lützner
Vice President DT Legal
Deutsche Telekom AG
Friedrich-Ebert-Allee 140
53113 Bonn, Germany
+49-228-181-0
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

June 15, 2020
(Date of Event which Requires Filing of this Statement)



If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.          ☐

Note:  Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See § 240.13d-7 for other parties to whom copies are to be sent.

*
The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).





SCHEDULE 13D/A

CUSIP No. 872590104


1
NAME OF REPORTING PERSON
 
Deutsche Telekom Holding B.V.
IRS identification number not applicable.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
(a)  ☐        (b)  ☒
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
 
OO
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
The Netherlands
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER:*
 
843,196,990
8
SHARED VOTING POWER:
 
0
9
SOLE DISPOSITIVE POWER:**
 
538,590,941
10
SHARED DISPOSITIVE POWER:
 
0
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON***
 
843,196,990
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)****
 
68.2%
 
14
TYPE OF REPORTING PERSON
 
CO

*
Consists of the sum of (i) 538,590,941 shares of Common Stock held by DT Holding and (ii) 304,606,049 shares of Common Stock held by SoftBank UK and subject to the Proxy, in each case as of June 15, 2020.  The Reporting Persons may be deemed to be members of a “group” within the meaning of Section 13(d)(3) of the Exchange Act, comprised of the Reporting Persons and the other persons referred to in Schedule B attached to this Schedule 13D (the 1C;Separately Filing Group Members”).

**
Consists of 538,590,941 shares of Common Stock held by DT Holding.


2



***
Consists of the sum of (i) 538,590,941 shares of Common Stock held by DT Holding and (ii) 304,606,049 shares of Common Stock held by SoftBank UK and subject to the Proxy, in each case as of June 15, 2020.  The Reporting Persons may be deemed to be members of a “group” within the meaning of Section 13(d)(3) of the Exchange Act, comprised of the Reporting Persons and the Separately Filing Group Members.

****
Based on the number of shares of Common Stock outstanding as of April 30, 2020, as reported by the Issuer in its Quarterly Report on Form 10-Q, filed with the Commission on May 6, 2020.


3



CUSIP No. 872590104

1
NAME OF REPORTING PERSON
 
T-Mobile Global Holding GmbH
IRS identification number: 98-0470438
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
(a)  ☐          (b)  ☒
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
 
OO
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Federal Republic of Germany
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER:*
 
843,196,990
8
SHARED VOTING POWER:
 
0
9
SOLE DISPOSITIVE POWER:**
 
538,590,941
10
SHARED DISPOSITIVE POWER:
 
0
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON***
 
843,196,990
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)****
 
68.2%
14
TYPE OF REPORTING PERSON
 
CO

*
Consists of the sum of (i) 538,590,941 shares of Common Stock held by DT Holding and (ii) 304,606,049 shares of Common Stock held by SoftBank UK and subject to the Proxy, in each case as of June 15, 2020.  The Reporting Persons may be deemed to be members of a “group” within the meaning of Section 13(d)(3) of the Exchange Act, comprised of the Reporting Persons and the Separately Filing Group Members.

**
Consists of 538,590,941 shares of Common Stock held by DT Holding.


4



***
Consists of the sum of (i) 538,590,941 shares of Common Stock held by DT Holding and (ii) 304,606,049 shares of Common Stock held by SoftBank UK and subject to the Proxy, in each case as of June 15, 2020.  The Reporting Persons may be deemed to be members of a “group” within the meaning of Section 13(d)(3) of the Exchange Act, comprised of the Reporting Persons and the Separately Filing Group Members.

****
Based on the number of shares of Common Stock outstanding as of April 30, 2020, as reported by the Issuer in its Quarterly Report on Form 10-Q, filed with the Commission on May 6, 2020.


5



CUSIP No. 872590104

1
NAME OF REPORTING PERSON
 
T-Mobile Global Zwischenholding GmbH
IRS identification number not applicable.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
(a)  ☐          (b)  ☒
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
 
OO
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Federal Republic of Germany
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER:*
 
843,196,990
8
SHARED VOTING POWER:
 
0
9
SOLE DISPOSITIVE POWER:**
 
538,590,941
10
SHARED DISPOSITIVE POWER:
 
0
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON***
 
843,196,990
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)****
 
68.2%
14
TYPE OF REPORTING PERSON
 
CO

*
Consists of the sum of (i) 538,590,941 shares of Common Stock held by DT Holding and (ii) 304,606,049 shares of Common Stock held by SoftBank UK and subject to the Proxy, in each case as of June 15, 2020.  The Reporting Persons may be deemed to be members of a “group” within the meaning of Section 13(d)(3) of the Exchange Act, comprised of the Reporting Persons and the Separately Filing Group Members.

**
Consists of 538,590,941 shares of Common Stock held by DT Holding.


6



***
Consists of the sum of (i) 538,590,941 shares of Common Stock held by DT Holding and (ii) 304,606,049 shares of Common Stock held by SoftBank UK and subject to the Proxy, in each case as of June 15, 2020.  The Reporting Persons may be deemed to be members of a “group” within the meaning of Section 13(d)(3) of the Exchange Act, comprised of the Reporting Persons and the Separately Filing Group Members.

****
Based on the number of shares of Common Stock outstanding as of April 30, 2020, as reported by the Issuer in its Quarterly Report on Form 10-Q, filed with the Commission on May 6, 2020.


7



CUSIP No. 872590104

1
NAME OF REPORTING PERSON
 
Deutsche Telekom AG
IRS identification number not applicable.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
(a)  ☐          (b)  ☒
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
 
OO
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Federal Republic of Germany
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
7
SOLE VOTING POWER:*
 
843,196,990
8
SHARED VOTING POWER:
 
0
9
SOLE DISPOSITIVE POWER:**
 
538,590,941
10
SHARED DISPOSITIVE POWER:
 
0
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON***
 
843,196,990
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
 
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)****
 
68.2%
14
TYPE OF REPORTING PERSON
 
CO

*
Consists of the sum of (i) 538,590,941 shares of Common Stock held by DT Holding and (ii) 304,606,049 shares of Common Stock held by SoftBank UK and subject to the Proxy, in each case as of June 15, 2020.  The Reporting Persons may be deemed to be members of a “group” within the meaning of Section 13(d)(3) of the Exchange Act, comprised of the Reporting Persons and the Separately Filing Group Members.

**
Consists of 538,590,941 shares of Common Stock held by DT Holding.


8



***
Consists of the sum of (i) 538,590,941 shares of Common Stock held by DT Holding and (ii) 304,606,049 shares of Common Stock held by SoftBank UK and subject to the Proxy, in each case as of June 15, 2020.  The Reporting Persons may be deemed to be members of a “group” within the meaning of Section 13(d)(3) of the Exchange Act, comprised of the Reporting Persons and the Separately Filing Group Members.

****
Based on the number of shares of Common Stock outstanding as of April 30, 2020, as reported by the Issuer in its Quarterly Report on Form 10-Q, filed with the Commission on May 6, 2020.


9


SCHEDULE 13D/A

Explanatory Note

This Amendment No. 8 (this “Amendment No. 8”) to the Schedule 13D filed with the U.S. Securities and Exchange Commission (the “Commission”) on May 10, 2013, as amended and supplemented by Amendment No. 1 to Schedule 13D filed with the Commission on November 26, 2013, Amendment No. 2 to Schedule 13D filed with the Commission on January 15, 2014, Amendment No. 3 to Schedule 13D filed with the Commission on March 6, 2018, Amendment No. 4 to Schedule 13D filed with the Commission on April 30, 2018, Amendment No. 5 to Schedule 13D filed with the Commission on July 26, 2019, Amendment No. 6 to Schedule 13D filed with the Commission on February 20, 2020 and Amendment No. 7 to Schedule 13D filed with the Commission on April 2, 2020 (as amended and supplemented, collectively, this “Schedule 13D”), is being filed by Deutsche Telekom AG, a stock corporation (Aktiengesellschaft) organized under the laws of the Federal Republic of Germany (“Deutsche Telekom”), T-Mobile Global Zwischenholding GmbH, a limited liability company (Gesellschaft mit beschränkter Haftung) organized under the laws of the Federal Republic of Germany and a direct wholly owned subsidiary of Deutsche Telekom (“T-Mobile Global”), T-Mobile Global Holding GmbH, a limited liability company (Gesellschaft mit beschränkter Haftung) organized under the laws of the Federal Republic of Germany and a direct wholly owned subsidiary of T-Mobile Global (“T-Mobile Holding”), and Deutsche Telekom Holding B.V., a limited liability company (besloten vennootschap met beperkte aansprakelijkheid) organized under the laws of the Netherlands and a direct wholly owned subsidiary of T-Mobile Holding (“DT Holding” and, together with Deutsche Telekom, T-Mobile Global and T-Mobile Holding, the “Reporting Persons”, and each, a “Reporting Person”), pursuant to Section 13(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and Rule 13d-1(a) thereunder, with respect to the shares of common stock, par value $0.00001 per share (the “Common Stock”), of T-Mobile US, Inc., a Delaware corporation (the “Issuer” or “T-Mobile”).

The Reporting Persons are party to certain agreements with the Separately Filing Group Members (as defined in Item 2), which agreements contain, among other things, certain voting agreements and transfer and other restrictions.  As a result, the Reporting Persons may be deemed to be members of a “group” within the meaning of Section 13(d)(3) of the Exchange Act, comprised of the Reporting Persons and the Separately Filing Group Members.

Except as set forth below, all Items of this Schedule 13D, as amended prior to the date hereof, remain unchanged. Capitalized terms used in this Amendment No. 8 and not otherwise defined shall have the respective meanings assigned to such terms in this Schedule 13D.

Item 4.
Purpose of the Transaction

This Item 4 is hereby amended and supplemented as follows:

In connection with SoftBank’s exploration of one or more transactions with respect to the Common Stock beneficially owned by SoftBank and SoftBank UK, representatives of SoftBank have approached representatives of the Reporting Persons regarding one or more potential transactions with respect to such Common Stock.  These transactions may include one or more of: privately negotiated transactions between the Reporting Persons, SoftBank and SoftBank UK; privately negotiated transactions between the Reporting Persons and the Issuer; private placements or public offerings by SoftBank and SoftBank UK; privately negotiated transactions between SoftBank and SoftBank UK, on the one hand, and the Issuer or one or more other stockholders of the Issuer or third parties, on the other hand; derivative or hedging transactions by SoftBank and SoftBank UK; margin loans by SoftBank and SoftBank UK; or other structured transactions (“Potential Transactions”).  The exploration or execution of any Potential Transactions involve discussions and negotiations between or among the Reporting Persons, the Issuer and SoftBank, including plans or proposals to amend, waive or grant a consent under the transfer restrictions applicable to SoftBank and SoftBank UK under the Proxy Agreement. In addition, the Potential Transactions may involve discussions and negotiations between the Reporting Persons, on the one hand, and third parties, on the other hand.  Some of the Potential Transactions under consideration would require the approval of the board of directors of the Issuer.  Such discussions and negotiations relate to, and may involve or result in, one or more of the types of matters specified in clauses (a) through (j) of Item 4 of Schedule 13D.  The Reporting Persons have had, and continue to have, discussions with SoftBank and the Issuer regarding Potential Transactions. Any action or actions the Reporting Persons might undertake in respect of the Common Stock will be dependent upon the Reporting Persons’ review of numerous factors, including, among other things, the price level and liquidity of the Common Stock; general market and economic conditions; ongoing evaluation of the Issuer’s business, financial condition, operations, prospects and strategic alternatives; the relative attractiveness of alternative business and investment opportunities; accounting and tax considerations; the outcome of negotiations with SoftBank and the Issuer; and other factors and future developments. There can be no assurance that the aforementioned explorations of Potential Transactions will lead to any transactions being consummated.  The Reporting Persons specifically reserve the right to change their intentions with respect to any or all of such matters.






Signature

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated:  June 15, 2020


Deutsche Telekom AG    
       
By:
/s/ Dr. Axel Lützner    
  Name: Dr. Axel Lützner    
  Title: Vice President DT Legal    

By:
/s/ Dr. Ulrich Zwach    
  Name: Dr. Ulrich Zwach    
  Title: Vice President DT Legal    


T-Mobile Global Zwischenholding GmbH    
       
By:
/s/ Dr. Christian Dorenkamp    
  Name: Dr. Christian Dorenkamp    
  Title: Managing Director    

By:
/s/ Roman Zitz    
  Name: Roman Zitz    
  Title: Managing Director    


T-Mobile Global Holding GmbH    
       
By:
/s/ Franco Musone Crispino    
  Name: Franco Musone Crispino    
  Title: Managing Director    

By:
/s/ Dr. Uli Kühbacher    
  Name: Dr. Uli Kühbacher    
  Title: Managing Director    


Deutsche Telek om Holding B.V.    
       
By:
/s/ Frans Roose    
  Name: Frans Roose    
  Title: Managing Director    

By:
/s/ Ton Zijlstra    
  Name Ton Zijlstra    
  Title Managing Director    






SCHEDULE A-3

Directors and Executive Officers of Deutsche Telekom AG

Schedule A-3 is amended and restated as follows:

The following tables I and II set forth the names, business addresses and present principal occupation of each director and executive officer of Deutsche Telekom AG. Unless otherwise noted, each of the persons listed below is principally employed by Deutsche Telekom AG and is a citizen of the Federal Republic of Germany.

I.
Board of Management

Name
 
Business Address
 
Present Principal Occupation
Timotheus Höttges
 
 
Friedrich-Ebert-Allee 140
Bonn, Germany 53113
 
 
Chairman of the Board
 
Adel Al-Saleh *
 
 
Friedrich-Ebert-Allee 140
Bonn, Germany 53113
 
 
Board Member for T-Systems
 
Birgit Bohle
 
 
Friedrich-Ebert-Allee 140
Bonn, Germany 53113

 
Board Member for Human Resources and Labor
 
Srini Gopalan
 
 
Friedrich-Ebert-Allee 140
Bonn, Germany 53113

 
Board Member for Europe
 
Dr. Christian P. Illek
 
 
Friedrich-Ebert-Allee 140
Bonn, Germany 53113

 
Board Member for Finance (CFO)
 
Thorsten Langheim
 
 
Friedrich-Ebert-Allee 140
Bonn, Germany 53113

 
Board Member for USA and Group Development
 
Claudia Nemat
 
 
Friedrich-Ebert-Allee 140
Bonn, Germany 53113

 
Board Member for Technology and Innovation
 
Dr. Dirk Wössner
 
 
Landgrabenweg 151,
Bonn, Germany 53227
 
 
Board Member for Germany
 

* = citizen of the United States

= citizen of the United Kingdom




II.
Supervisory Board

Name
 
Business Address
 
Present Principal Occupation
Rolf Bösinger
 
 
Wilhelmstrasse 97,
Berlin, Germany 10117

 
State Secretary, Federal Ministry of Finance, Berlin
 
Günter Bräunig
 
 
Palmengartenstrasse 5-9, Frankfurt am Main, Germany 60325
 
 
CEO KfW
 
Odysseus D. Chatzidis *
 
 
Friedrich-Ebert-Allee 140
Bonn, Germany 53113
 
Chairman of the European Works Council of Deutsche Telekom AG, Bonn
 
Constantin Greve
 
 
Friedrich-Ebert-Allee 140
Bonn, Germany 53113
 
Chairman of the Works Council of Deutsche Telekom AG, Bonn
 
Lars Hinrichs
 
 
Badestraße 2,
Hamburg, Germany 20148
 
 
CEO Cinco Capital GmbH, Hamburg
 
Helga Jung
 
 
Hahnenbichlstraße 24
86833 Ettringen
 
 
Former Member of the Board of Management of Allianz SE, Munich
 
Prof. Dr. Michael Kaschke
 
 
Carl-Zeiss-Strasse 22,
Oberkochen, Germany 73447
 
 
Former CEO & President Carl Zeiss AG, Oberkochen
 
Nicole Koch
 
 
Landgrabenweg 147,
Bonn, Germany 53227
 
 
Chairwoman of the Works Council at Deutsche Telekom Privatkunden-Vertrieb GmbH, Bonn
 
Dagmar P. Kollmann
 
 
Grinzinger Allee 50,
Vienna, Austria 1190
 
 
Entrepreneur and member of several supervisory and advisory boards
 
Petra Steffi Kreusel
 
 
Hahnstrasse 43d,
Frankfurt am Main, Germany 60528
 
 
Senior Vice President, Customer & Public Relations at T-Systems International GmbH, Frankfurt am Main
 
Harald Krüger
 
 
Petuelring 130, München, Germany 80788
 
 
Former Chairman of the Management Board of Bayerische Motoren Werke Aktiengesellschaft, Munich
 
Ulrich Lehner
 
 
Henkelstraße 67, Düsseldorf, Germany 40589
 
 
Member of the Shareholders’ Committee of Henkel AG & Co. KGaA, Düsseldorf; Chairman of the Supervisory Board Deutsche Telekom AG
 
Kerstin Marx
 
 
Friedrich-Ebert-Allee 140, 53113 Bonn
 
 
Chairwoman of the Group Works Council of Deutsche Telekom AG, Bonn
 
Frank Sauerland
 
 
Paula-Thiede-Ufer 10,
Berlin, Germany 10179
 
 
Head of Committee, Collective Bargaining Policy, TC /IT National Committee at the ver.di National Executive Board, Berlin; Deputy Chairman of the Supervisory Board Deutsche Telekom AG
 





Name
 
Business Address
 
Present Principal Occupation
Lothar Schröder
 
 
Ingelheimer Str. 53
28199 Bremen
 
 
 
Trade Union Secretary and former Member of the ver.di National Executive Board, Berlin
 
Nicole Seelemann-Wandtke
 
 
Kronshagener Weg 105, Kiel, Germany 24116
 
 
Deputy Chairwoman of the Works Council of the Consumer unit at Telekom Deutschland GmbH, Bonn
 
Sibylle Spoo
 
 
Paula-Thiede-Ufer 10,
Berlin, Germany 10179
 
 
Lawyer, Trade Union Secretary at the ver.di Federal Administration, Berlin
 
Karl-Heinz Streibich
 
 
Zimmerweg 15, Frankfurt, Germany 60325
 
 
President acatech – Deutsche Akademie der Technikwissenschaften, Berlin
 
Margret Suckale
 
 
Am Rathenaupark 1, Hamburg, Germany 22763
 
 
Member of Supervisory Board of Heidelberg Cement AG
 
Karin Topel
 
 
Querstraße 1, Leipzig, Germany 04103
 
 
Chairwoman of the Works Council at Deutsche Telekom Technik GmbH, Bonn, Technical Branch Office, Eastern District
 
* = citizen of Greece

= citizen of Austria



SCHEDULE B

Certain Information Regarding the
Separately Filing Group Members(1)

     
Number of Shares Beneficially Owned With(2)
 
Separately Filing Group Member
 
Aggregate Number
(Percentage) of
Shares Beneficially
Owned(2), (3)
 
Sole
Voting Power
   
Shared
Voting Power
   
Sole
Dispositive
Power
   
Shared
Dispositive
Power
 
SoftBank Group Corp.
   
304,606,049 (24.7%)

   
0
     
0
     
304,606,049
     
0
 
SoftBank Group Capital Limited
   
304,606,049 (24.7%)

   
0
     
0
     
304,606,049
     
0
 

(1)
See the Schedule 13D filed on June 15, 2020 by the Separately Filing Group Members, which includes information regarding each Separately Filing Group Member’s jurisdiction of organization, principal business, address of principal office and other information.

(2)
The information shown in the table with respect to the number of shares beneficially owned is based on the number of shares of Common Stock beneficially owned by each Separately Filing Group Member as of June 15, 2020.

(3)
The information shown in the table with respect to the percentage of shares beneficially owned is based on the number of shares of Common Stock outstanding as of April 30, 2020, as reported by the Issuer in its Quarterly Report on Form 10-Q, filed with the Commission on May 6, 2020.