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T-Mobile CEO Philipp Humm issues non-denying non-confirmation of Sprint buyout discussions

T-Mobile CEO Philipp Humm issues non-denying non-confirmation of Sprint buyout discussions
Tim Stevens
Tim Stevens|March 14, 2011 2:47 PM
Did last week's rumors of a T-Mobile merger with Sprint leave you wondering what color you'd get if you mixed magenta with yellow? T-Mo CEO Philipp Humm has stopped short of digging out his mixing tool to show you, but neither is he denying that such a mix-up could happen. His memo, sent to company employees and summarily leaked to the world, says that parent company Deutsche Telekom "will always explore options for maximizing the value of its portfolio and profits." However, he doesn't indicate exactly which avenues DT is exploring to find those profits.
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