The brief statement comes after the German operator said "BT continues to be an integral part of our strategic orientation" in its 2018 annual report. Deutsche Telekom's stake in the business makes it the UK operator's biggest individual shareholder, but there is investor concern that a no-deal Brexit -- under which the UK would quit the European Union in October without any kind of agreement -- could trigger a UK recession, with knock-on effects for BT and other companies. For Deutsche Telekom, selling shares now would mean writing off a huge investment: Since BT finalized its takeover of EE on January 28, 2016, its share price has fallen by 63% on the London Stock Exchange, to close at 173.56 pence sterling on August 8. That means Deutsche Telekom's stake is now worth about £3.5 billion ($4.2 billion) less. Ouch.
— Iain Morris, International Editor, Light Reading