Deutsche Telekom to Purchase Sprint Nextel?

By Chris - 09/14/2009 8:42:23 PM


Deutsche Telekom seems to be more and more interested in mergers. After we’ve heard how its T-Mobile UK division will join forces with Orange UK, we now hear that the German conglomerate has a new target in sight. Sprint Nextel might be the company that Deutsche Telekom will purchase and this isn’t the first time we hear about it. That means Sprint Nextel will merge with T-Mobile USA and AT&T’s comfortable second largest position will be threatened by the new emerging carrier.

Don’t get all too excited just yet folks. Said merger will not be a piece of cake and it will take a while to be accomplished. In the mean time Deutsche Telekom is being advised by Deutsche Bank on the matter and we should see an offer in the following weeks. We’ll be back with more details soon as this is a very important move in the mobile business.

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Tags: Deutsche Telekom, Merger, Nextel, Orange, Sprint, T-Mobile, UK, usa



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