Deutsche Telekom could bid for Sprint Nextel!

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September 13th, 2009 Leave a comment Visited 107 times, 3 so far today

Deutsche Telekom could bid for Sprint Nextel!

The Sunday Telegraph has reported that Deutsche Telekom is considering placing a bid for the third largest US based mobile service provider Sprint Nextel.

The report said that an official announcement could be made in the coming weeks.

Deutsche Telekom’s T-Mobile UK is already considering a potential merger with rival company Orange UK to create the biggest mobile company in Britain.

The news report said that Sprint Nextel has a current market value of around USD 10.6 billion.

None of the concerned parties have commented on this latest rumour in the market.





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