Deutsche Telekom no longer in the works of buying Sprint?

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Deutsche Telekom no longer in the works of buying Sprint?
Just when you though the marriage of T-Mobile and Sprint were to happen some time down the road, Deutsche Telekom's CFO has made a comment that might have put an end to the speculations. Recent reports have hinted T-Mobile's parent company, Deutsche Telekom, was in the works of acquiring Sprint – possibly merging the number three and four carriers in the US. Timotheus Hoettges, Deutsche Telekom CFO, made a comment at how competitive the US mobile market is currently and that a point has been reached with the four big carriers. It's not like he mentioned that there would be no major headway between the rankings of the major domestic carriers, but a comparison to the current status of the European mobile phone market made it sound like it. Hoettges stated in a conference call in Frankfurt that “There are four national players in the U.S. market for 300 million households, while in Europe, where we have 350 million households, there are 50-70 operators. We believe in our chances of being the challenger.” So for now it looks like everyone is staying put.

via GigaOM

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12 Comments

1. Gsmalltheway

Posts: 273; Member since: Aug 15, 2009

well dangit

7. Fanboys Suck

Posts: 609; Member since: Dec 12, 2008

Finally, all the rumors are now dispelled!

2. Galen20K

Posts: 568; Member since: Dec 26, 2008

Wow that is a LOT of Different Carriers for Europe, 50 to 70?! Dannnngg!

3. biggles

Posts: 269; Member since: Oct 15, 2009

I don't know why people always do this. Just because they're comparable in population and land area does not mean it's valid to compare a continent to a country. It's viable for each country to support a handful of operators, and when you consider the countries that make up Europe, 50-70 across the continent isn't really a lot.

4. stuntz

Posts: 178; Member since: Dec 19, 2008

so true, people forgetting europe isnt like the US.

5. jrcrow79

Posts: 477; Member since: May 02, 2008

DUH..this report is 2 months old..1st report stated the FCC stated it would be illegal for any non USA carrier to acquire ANY other cellphone company..tmo is from Germany..att--sprint--vzw are n. american..did not one realize this!?

8. videobandit

Posts: 26; Member since: Jun 17, 2009

Ummm ... almost correct. vzw is a venture between verizon communications and vodafone which is a british company. And vzw acquired alltel recently. How does that figure?

9. PL007

Posts: 22; Member since: Feb 09, 2009

I have to agree with videobandit. How is it that Vodafone can own 45% of Verizon Wireless but DT can't own more than 20% of T-Mobile USA? Does not make sense. And you are going to tell me if NTT or Telefonica wanted to buy a US company and invest heavily in the US market, the FCC would reject the buy?

6. nalu808

Posts: 39; Member since: Jul 14, 2009

not to mention the governement subsides the network which is why gsm is so prevalant there. government owns the bandwidth, where as here the carrier owns the bandwidth free market economy

10. rath

Posts: 25; Member since: Aug 14, 2009

T-Mobile do not have to buy Sprint to become #3 carrier, all T-Mobile needed to do is to improve the coverage in all areas like Verizon and best customer services. Sprint customers will run to T-Mobile for GSM phones it is nice to have SIM card personal data handy you don't have to struggle every time to change a new phone.

11. DonLouie

Posts: 594; Member since: Dec 22, 2008

That is a misconception that it's a struggle to change phones on CDMA, Sprint subs can do it online but not sure if vzw subs can as easily

12. jrcrow79

Posts: 477; Member since: May 02, 2008

FCC also stated a foreign cellphone company meaning euro to US CANNOT own more than 20% of the US company..vodophone probably is a REAL company like att, sprint, Verizon..is this correct?..tmo is satellite based and HQ is in Frankfurt

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