Tuesday, July 05, 2005

T-Mobile considering sale

Duetsche Telekom is considering selling its T-Mobile USA business unit. It is reported that they are already in talks iwth investment banks in this regard. It is being reported that the fate of T-Mobile USA will be decided by the end of the year.

They may have a tough time selling it. Whoever purchases the network, will have to provide considerable amount of investment to move to 3G services which are currently not supported by T-Mobile. This investment might prove to be a major deterrent despite the obvious advantage of adding a bulky subscriber base.


Post a Comment

<< Home