S SentinelOne Inc

By Friedrich Geiger

FRANKFURT--Deutsche Telekom AG (DTE.XE) Chief Executive Timotheus Hoettges said Thursday that he hasn't received an offer for subsidiary T-Mobile U.S. (TMUS) that meet his requirements for a deal.

His comments came after Iliad SA (ILIAY) of France offered to buy a majority stake in the U.S. cellular carrier for $15 billion. T-Mobile, which faces stiff competition from larger carriers in the U.S., had also been in talks on a possible tie-up with Sprint, but Sprint has since decided to go it alone, The Wall Street Journal has reported.

"We've always said that we're open to transactions which increase the value," said Mr. Hoettges in a conference call with journalists, but "we don't have such an offer at this point."

Write to Friedrich Geiger at friedrich.geiger@wsj.com

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