Deutsche Telekom no longer in the works of buying Sprint?

This article contains unofficial information.
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


Latest Stories

This copy is for your personal, non-commercial use only. You can order presentation-ready copies for distribution to your colleagues, clients or customers at or use the Reprints & Permissions tool that appears at the bottom of each web page. Visit for samples and additional information.
FCC OKs Cingular's purchase of AT&T Wireless