News on Telecommunications Sector

German telecoms giant Deutsche Telekom, is looking to swap its loss-making unit T-Mobile UK for an asset in another country, the FT reported on Friday. Quoting sources familiar with the matter, the FT said a swap was considered a "preferred option" to selling the unit outright or merging it with a British rival. But although trading T-Mobile UK for a unit such as Vodafone Turkey -- the country's second biggest mobile operator there -- might be an ideal solution for Deutsche Telekom, it was not certain that Britain's Vodafone was ...

The biggest German telecommunications operator, Deutsche Telekom, is looking to swap its loss-making T-Mobile unit in Britain for an asset in another country, a press report said. The Financial Times quoted sources familiar with the matter as saying a swap was considered a "preferred option" to selling the unit outright or merging it with a British rival. But although trading T-Mobile UK for a unit such as Vodafone Turkey, that country's second biggest mobile operator, would be an ideal solution for Deutsche Telekom, it was not certain that Britain ...

Telefonica has joined Vodafone in considering a bid for T-Mobile UK, while France Telecom is weighing up a possible joint venture with the British mobile operator, the Financial Times said. The FT had on Monday reported that Vodafone, the world's biggest mobile phone company by revenue, was exploring a bid to buy T-Mobile UK, the British arm of Deutsche Telekom. Citing people close to the matter, the FT said on Thursday that the Spanish group Telefonica was considering bidding for T-Mobile UK, a move which it said could spark ...