Deutsche Telekom is reportedly in talks with Sprint Nextel to sell its T-Mobile USA unit. The terms revolve around a major stake Deutsche Telekom would take in the combined entity. The negotiations have been an on-again, off-again affair, according to reports, and there is no certainty a deal will ever be reached. Chief among the sticking points: a mutually acceptable valuation of T-Mobile, which has been bleeding customers of late. Last year it lost about 56,000 customers; during that same period its competitors, Sprint, AT&T and Verizon Wireless all expanded.
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Sprint, T-Mobile Merger Rumors - No Pain, No Gain?
Posted by: Erika Morphy March 9, 2011 05:00 AMDeutsche Telekom is reportedly in talks with Sprint Nextel to sell its T-Mobile USA unit. The terms revolve around a major stake Deutsche Telekom would take in the combined entity. The negotiations have been an on-again, off-again affair, according to reports, and there is no certainty a deal will ever be reached. Chief among the sticking points: a mutually acceptable valuation of T-Mobile, which has been bleeding customers of late. Last year it lost about 56,000 customers; during that same period its competitors, Sprint, AT&T and Verizon Wireless all expanded.