One of the UK's biggest Mobile Broadband and Wi-Fi Hotspot operators , T-Mobile , could soon be sold if reports in the Financial Times are to be believed. It's understood that the group’s parent, Deutsche Telekom, is under pressure from two main shareholders to sell up.
Both the German government and Blackstone, a private equity group, have been unhappy with the UK division’s performance and want it sold to help prop up the main business. That could prove difficult, especially in an already well covered mobile market and home to a rather weak pound (sterling).
The most logical suitor for T-Mobile would be Three (3) , which already has a network sharing deal with the same operator and lacks a 2G mobile network of its own. Ironically it was once T-Mobile that many thought would be buying Three (3) and not the other way around.
Both the German government and Blackstone, a private equity group, have been unhappy with the UK division’s performance and want it sold to help prop up the main business. That could prove difficult, especially in an already well covered mobile market and home to a rather weak pound (sterling).
The most logical suitor for T-Mobile would be Three (3) , which already has a network sharing deal with the same operator and lacks a 2G mobile network of its own. Ironically it was once T-Mobile that many thought would be buying Three (3) and not the other way around.
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Comments: 4
tmobilePosted: 13 May, 2009 - 6:34 PM
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If its not one thing with t-mobile its another.maybe that's why they are putting a lot of uk based jobs abroad in recent weeks?
t-mobile salesPosted: 15 May, 2009 - 2:46 PM
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Couldn't of happened to a worse company. They are throwing money away like no mans business. When you start work every day by wasting hundreds of pieces of paper, changing pos (point of sale) every 2 weeks and poor adverts make it easy to see how they are in financial trouble. Sack the accountant for a start and bring on B.T, they need a mobile section to their business and with our internet qualities we would be an excellent purchase
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