Deutsche Telekom AG (XTRA:DTE) is preparing to sell its troubled IT services unit, T-Systems International GmbH, Manager Magazin reported on November 18, 2021, citing people familiar with the matter. The company plans to start talks with interested parties in February, with a deal expected in September, the magazine added. Business daily Handelsblatt reported separately that Deutsche Telekom was also considering a spin-off of T-Systems, which it has already discussed with the German government, which owns a 30.5% stake of Deutsche Telekom. In any spin-off, Deutsche Telekom and the German government would each hold a third of T-Systems, while the remaining third would be sold to investors, Handelsblatt said, citing people familiar with the matter. Deutsche Telekom was not immediately available for comment on the report. A spokesperson for T-Systems said the company had plans for growth but was also looking into other options.