Deutsche Telekom wants to swap T-Mobile UK

Deutsche Telekom wants to swap T-Mobile UK

July 6, 2017

T-Mobile UK’s parent company, Deutsche Telekom, is looking to swap the loss-making network for an asset in another country.

According to the Financial Times, the German telecoms giant is looking to offload its UK subsidiary and would prefer a swap to selling the unit outright or merging it with a rival UK network.

FT sources said T-Mobile will struggle to find this “dream deal” as would-be bidders are unlikely to want to part with assets, and regulators in the UK and abroad would probably oppose an asset swap.

T-Mobile is particularly interested in eastern European networks, the sources said, and may well have its sights set on Vodafone Turkey.

“There are […] assets in central and eastern European countries that would help [Deutsche Telekom] shore up its position in markets in which it is already active,” a source told the FT.

Deutsche Telekom currently operates in 15 countries across Eastern and Central Europe, including Greece and Austria.

Vodafone and Telefónica, which owns O2, are considering bids for T-Mobile.

T-Mobile would expect a bid of at least €3 billion to consider an all-out sale, the FT’s source said.

Tim Yeo

Related Posts

Tiscali sues BT for ‘malicious’ advertising

Comments Off on Tiscali sues BT for ‘malicious’ advertising

Taiwan’s WiMax future in doubt

Comments Off on Taiwan’s WiMax future in doubt

Vodafone takes control of Ghana Telecom

Comments Off on Vodafone takes control of Ghana Telecom

42% of China connected to mobile networks

Comments Off on 42% of China connected to mobile networks

More than half of European households are online

Comments Off on More than half of European households are online

ISPs add to consumers’ wi-fi concerns

Comments Off on ISPs add to consumers’ wi-fi concerns

Global recession hits China’s handset industry

Comments Off on Global recession hits China’s handset industry

TTC-CCS chosen to certify WiMAX equipment in Taiwan

Comments Off on TTC-CCS chosen to certify WiMAX equipment in Taiwan

Streamezzo Release Skinnable Application Suite

Comments Off on Streamezzo Release Skinnable Application Suite

PageOne launches MoodleMobile plug-in

Comments Off on PageOne launches MoodleMobile plug-in

Internet censorship wave by government in China

Comments Off on Internet censorship wave by government in China

EU claims 60 percent reduction in roaming costs

Comments Off on EU claims 60 percent reduction in roaming costs

Create Account



Log In Your Account