The Guardian
trending topics
Close Box

Our news

Yes, it’s true: We are joining GigaOM...


Deutsche Telekom May Still Be Considering A Sprint Nextel Buy-Out

  • Comments Comments (View)
  • Text Size: A A

Analysts are still speculating that Deutsche Telekom (NYSE: DT) may still be interested in bidding for Sprint (NYSE: S) Nextel, fueled by comments made by the CEO this week during the company’s earning’s call, the International Herald Tribune reported. CEO René Obermann said: “We can’t rule out acquisitions which, when evaluated under strict financial and business criteria, would bring a clear profit and return on investment…That we must do and we will continue to do in the future.” The article said one analyst interpreted the comments as confirmation that Deutsche Telekom was actively considering a bid, which may cost $52 billion. If DT merged Sprint Nextel with its U.S. subsdiary T-Mobile USA, the fourth-largest U.S. carrier, the two together would have 81 million customers, making it larger than both AT&T (NYSE: T) Wireless and Verizon Communications (NYSE: VZ). The other thing to read into Obermann’s comments is his words “clear profit and return on investment.” Integrating T-Mobile, which uses GSM, and Sprint, which uses CDMA, and Nextel, which uses iDen, will be a costly and time-consumming endeavor.

May 9, 2008 3:45 PM ET

Posted In: Companies, Sprint, T-Mobile, deutsche telekom

(Page 1 of 1)


The Bestsellers

From iTunes and YouTube to Facebook and Kindle, the most popular content on the web, free and paid.

Barnes & Noble (Paid) Barnes & Noble (Paid)
1. The Hunger Games (Hunger Games Series…
2. Longitude
3. Practical Magic
4. The Vow
5. The Double Comfort Safari Club (No.…
See The Other Bestsellers »

Jobs RSS Job Listings

Social Standing

Which media brands are getting a lift from Tweeters and bloggers right now -- and which are getting panned?

"Sentiment" Scores for All the Companies »

Sponsors

Staff