Thursday, May 24, 2012

Deutsche Telekom chief says T-Mobile USA merger still an option, sweeps full sale off the table

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T-Mobile's USA proposed union with AT&T might have gone down in flames, but that isn't precluding the boss of parent company Deutsche Telekom, René Obermann, from exploring tie-ups in the future. He's now telling investors that the company won't "exclude any option" for its US carrier, up to and including mergers with others. Before you worry that your One S might lose its luster through an outside takeover, though, the CEO has said it's "unlikely" that DT will sell T-Mobile outright. There aren't any coded messages about possible merger targets, either, even if rumors of a MetroPCS deal have percolated elsewhere. Most of the present focus is simply on reworking and trimming the company to get it running at full efficiency in the face of some very stiff competition; Carly can keep wearing that T-Mobile magenta for awhile yet.

Deutsche Telekom chief says T-Mobile USA merger still an option, sweeps full sale off the table originally appeared on Engadget on Thu, 24 May 2012 14:25:00 EDT. Please see our terms for use of feeds.

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