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Deutsche Telekom Considers Sale of T-Mobile USA

Topic: Mobile Phones

Posted on Mon, 4 Jul 2005 08:33:27 CDT | by Luigi Lugmayr

Deutsche Telekom Considers Sale of T-Mobile USA

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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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Posted on Mon, 4 Jul 2005 08:33:27 CDT | by Luigi Lugmayr

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