Feeds

Sale talks heat up at T-Mobile UK

Three way fight for UK's number four operator

5 things you didn’t know about cloud backup

Deutsche Telekom is in early talks with three companies to sell off its UK mobile business T-Mobile.

The future of Britain's fourth placed mobile firm has been in doubt for some time. In the summer advisers JP Morgan were appointed to find buyers for the firm.

Deutsche Telekom is talking to Vodafone, France Telecom and Telefonica. An anonymous source told the FT:“If we’re lucky, we could end up with a three-horse race.”

The source also reckoned that the slight improvement in the economy meant that the price for T-Mobile had also risen from about £3bn in July to nearer £4bn now. Which is still a fraction of what the firm paid for its 3G license.

A deal is unlikely to be hammered out before October at the very earliest. Any cash raised would help Deutsche Telekom strengthen US business.

For a look at what a sale would mean in terms of radio spectrum and networks there's an analysis piece here ®

The essential guide to IT transformation

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
So, Apple won't sell cheap kit? Prepare the iOS garden wall WRECKING BALL
It can throw the low cost race if it looks to the cloud
Time Warner Cable customers SQUEAL as US network goes offline
A rude awakening: North Americans greeted with outage drama
We need less U.S. in our WWW – Euro digital chief Steelie Neelie
EC moves to shift status quo at Internet Governance Forum
Google has spaffed more cash on lobbying this year than Big Cable
Don't worry, it'll be cheaper when they use drones
EE fails to apologise for HUGE T-Mobile outage that hit Brits on Friday
Customer: 'Please change your name to occasionally somewhere'
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?