Sprint in talks to acquire T-Mobile USA, report claims
Rumors of a possible T-Mobile takeover were reignited on Tuesday as Bloomberg reports Sprint and Deutsche Telekom are holding meetings to discuss a possible acquisition. Citing multiple anonymous sources, Bloomberg claims discussions between the two companies have been taking place on and off for some time, and one of the major areas of dispute is T-Mobile USA’s valuation. Should Sprint and Deutsche Telekom eventually come to terms, the deal would reportedly give Deutsche Telekom a sizable stake in Sprint Nextel Corp. following the merger — up to 50%. Sprint declined to comment on the report, while a Deutsche Telekom spokesperson said only that the company “could sell all or part of the U.S. business, and all options are open.”
Zach Epstein
Zach Epstein is the Executive Editor of BGR. He has 10 years of industry experience, first in marketing and business development with two private Telcos, then as a writer and editor covering business, technology and telecommunications.
Leave a Reply