The unit, euroShell Cards B.V, joins a consortium that comprises Telekom unit T-Systems International, which will retain a 55 percent stake, while Daimler and DKV Euro Service will own 15 percent each.

Toll4Europe, founded in 2017, offers a universal toll box and contract for trucks to pay road, bridge and tunnel tolls under European Union legislation that requires such systems to be interoperable between countries.

The stake acquisition by euroShell is subject to clearance by the competition authorities, Deutsche Telekom said in a statement.