Latest in Deutsche telekom

Image credit:

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

Chris Ziegler
06.01.09
Share
Tweet
Share
Save


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