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Deutsche Telekom Considering Sprint Nextel Bid

Article Comments  100+  

Sep 13, 2009, 12:00 PM   by Eric M. Zeman

According to sources cited by the UK Telegraph, Deutsche Telekom -- parent to T-Mobile USA -- is seriously considering a bid for Sprint Nextel. The company has been examining the idea for a year, but the Telegraph's sources say that Deutsche Telekom has been making serious preparations to place a bid for about three months now. Sprint is valued at about $10.6 billion, and Deutsche Telekom would need to raise capital to make the purchase. If the purchase goes through, the Telegraph's sources indicate that Deutsche Telekom would likely merge Sprint Nextel with T-Mobile USA. Deutsche Telekom has been looking for ways to improve the financial performance of T-Mobile USA, and recently merged its UK and French operations. A combined T-Mobile USA / Sprint Nextel entity would come close to equaling AT&T's 78.2 million customers. Sources did not say how the technology differences between T-Mobile USA (GSM, LTE) and Sprint Nextel (CDMA, WiMAX) would be resolved. All the companies involved declined to comment for the Telegraph story.

more info at UK Telegraph »

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Subject Author Date
This probably will not happen... Why? nextel18 Sep 17, 2009, 10:04 PM
Would the FCC even approve such a merger? stevelvl Sep 13, 2009, 7:39 PM
Not gonna happen cellfoneluva Sep 13, 2009, 9:47 PM
This is a load of *%#& Wireless.O.G. Sep 14, 2009, 12:48 PM
End of WiMax? RockTripod Sep 13, 2009, 3:34 PM
Unexpected!!!! STEELRIK Sep 13, 2009, 12:17 PM
New US powerhouse. justfinethanku Sep 14, 2009, 3:33 PM
Alltel would have been a better target. Jarahawk Sep 13, 2009, 2:48 PM
LOL WOW THIS IS FUNNY ant1171984 Sep 14, 2009, 10:31 AM
DT would have several advantages to buying Sprint. ATnT Nokia Sep 13, 2009, 8:49 PM
Tell Uncle Fritz "NEIN!" bluecoyote Sep 13, 2009, 2:00 PM
Like I said before, Big Moves! asLeepLessman Sep 13, 2009, 12:23 PM
This was bound to happen. andy2373 Sep 13, 2009, 12:47 PM
This has come up so many times before ajkenj Sep 13, 2009, 12:47 PM
I think its funny tmcgrady126 Sep 13, 2009, 12:21 PM
what would they call it? KennyJ19 Sep 13, 2009, 3:03 PM
 
 
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