Deutsche Telekom Considers Sale of T-Mobile USA

Jul 4 2005, 8:33am EST | by Luigi Lugmayr

Reports appeared that Deutsche Telekom considers to sell its T-Mobile USA business.

T-Mobile USA is the 4th largest mobile phone provider in the USA. 10 Billion dollars on investment are necessary over the next couple of years to stay competitive and expand. By the end of the year Deutsche Telekom wants to have a decision if they keep T-Mobile USA or sell it for about 30 Billion dollars.
More details in story on Reuters UK.

Uodate 07/06/05:
Deutsche Telekom denies any plans selling T-Mobile USA. See details on Forbes.

T-Mobile USA was growing very fast and they had some interesting handsets along the way, plus Catherine Zeta-Jones as spokes model.

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Luigi Lugmayr
Luigi is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.