Deutsche Telekom Rumored To Buy Sprint Nextel

Posted: Sep 14 2009, 1:38am CDT | by , Updated: Aug 10 2010, 7:56am CDT, in Rumors | Rumors

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The German Telekom is rumored to be considering buying Sprint Nextel according to a report on the UK's Telegraph.
German Telekom just made a cool move in the UK to partner with France Telekom to create the largest carrier. A merger of Sprint Nextel and T-Mobile US could stir up things quite a bit and put more pressure on Verizon and AT&T.
Sprint Nextel is a big bite to chew at a market valuation of $10.6 billion. For that reason I am not so sure that this deal will actually happen. The German Telekom needs to do something in the US to turn the business around - we will see what it is.

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