Operators scramble as T-Mobile UK goes up for grabs
July 1st, 2009 | Author: admin
Ever since Deutsche Telekom ’s chief financial officer Timotheus Hoettges valued his company’s underperforming T-Mobile UK unit at $5.4 billion in May, there have been a swirl of rumors surrounding a possible sell-off. Those rumors have taken off in the last couple of days with reports that rival Vodafone has brought in people to look at a potential purchase. Operators O2 and Orange have also reportedly been interested in T-Mobile’s 16.5 million subscribers and 16 percent share of the UK mobile market.
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Operators scramble as T-Mobile UK goes up for grabs
