Latest in Deutsche telekom

Image credit:

Deutsche Telekom rumored to fight off Orange, Vodafone bids for UK unit

Chris Ziegler

Word on the street has been that Deutsche Telekom is being given the full-court press to do something with its unprofitable British operations, and the obvious choice would be to sell it off to one of its competitors -- Vodafone, Orange, O2, or 3. Apparently, though, Orange went ahead and made an offer just in the past few months, only to be turned down -- a sign that the French company either lowballed or that DT has very different plans on its mind. Rumors are circulating now that a restructuring will be announced as soon as this week that could give T-Mobile UK some time to turn its red ink around, but if that falls through, it's said that Voda might be interested in swapping its Turkish division for it -- so hang tough, DT, you've got options on the table.

From around the web

ear iconeye icontext filevr