Monday, July 04, 2005

Deutsche Telekom hangs up on T-Mobile?

A Reuters newswire article, via CNN/Money, reports that:

Deutsche Telekom has been sounding out institutional investors on whether to sell off U.S. mobile operator T-Mobile USA or spend billions of dollars to expand the business, according to fund managers.

Deutsche Telekom and T-Mobile USA officials declined to comment on what they called market rumors.

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