Sprint may be buying T-Mobile USA – Bloomberg reports

• 08/03/2011

sprint-tmobile

Rumors are spinning out of control today as Bloomberg reports that Sprint is currently in talks to buy out T-Mobile USA from Deutsche Telekom. Apparently the two carriers are holding meetings to discuss such a merger/aquisition. Anonymous sources have reported this to Bloomberg where they also state that these discussions have been going on for some time. The biggest roadblock appears to be the valuation of T-Mobile USA, but if they resolve this bump in the road, this would give Deutsche Telekom a 50% stake in Sprint Nextel.

Even though a Sprint spokesperson did not comment on the rumor when asked, Deutsche Telekom’s spokesperson said that they are open to options in selling part or all of T-Mobile USA. That ought to boost their market share against Verizon and AT&T for launching the iPhone4 hey?

[Via – BGR]
[Source – BusinessWeek]

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Tags: acquisition, AT&T, Deutsche Telekom, iphone4, Sprint, sprintmobile, t-mobile, t-mobile usa, tmobile, verizon

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