Published By
Miko On Monday, September 14th 2009
The Telegraph reports that Deutsche Telekom, owners of T-Mobile, could submit a multi-million dollar bid for Sprint Nextel in the U.S.
After announcing a joint venture between T-Mobile UK and Orange UK to create Britain’s largest mobile phone company, which we covered, it is said that the company has called in banking advisers to assess the value of a U.S. deal. If the two companies did merge, the new entity would challenge AT&T as the second largest carrier in the U.S.
This isn’t the first time it’s been reported that DT is considering an acquisition of Sprint. Last May, German magazine Der Spiegel reported that that the companies could merge, as we reported. The hurdles that stand in the way of the deal, many technical in nature, remain unchanged.
At their hearts, Sprint and T-Mobile are incompatible networks. T-Mobile is a GSM network, while Sprint is based on CDMA technology. Sprint’s Nextel business is based on iDEN, further complicating things. Also, both companies are considering far different fourth generation mobile technologies. Sprint has positioned itself with WiMAX, while T-Mobile has given its allegiance to Long Term Evolution. [via mocoNews]
The Telegraph reports that Deutsche Telekom, owners of T-Mobile, could submit a multi-million dollar bid for Sprint Nextel in the U.S.
After announcing a joint venture between T-Mobile UK and Orange UK to create Britain’s largest mobile phone company, which we covered, it is said that the company has called in banking advisers to assess the value of a U.S. deal. If the two companies did merge, the new entity would challenge AT&T as the second largest carrier in the U.S.
This isn’t the first time it’s been reported that DT is considering an acquisition of Sprint. Last May, German magazine Der Spiegel reported that that the companies could merge, as we reported. The hurdles that stand in the way of the deal, many technical in nature, remain unchanged.
At their hearts, Sprint and T-Mobile are incompatible networks. T-Mobile is a GSM network, while Sprint is based on CDMA technology. Sprint’s Nextel business is based on iDEN, further complicating things. Also, both companies are considering far different fourth generation mobile technologies. Sprint has positioned itself with WiMAX, while T-Mobile has given its allegiance to Long Term Evolution. [via mocoNews]
