Feeds

Sale talks heat up at T-Mobile UK

Three way fight for UK's number four operator

High performance access to file storage

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 ®

High performance access to file storage

More from The Register

next story
A black box for your SUITCASE: Now your lost luggage can phone home – quite literally
Breakfast in London, lunch in NYC, and your clothes in Peru
Broadband Secretary of SHEEP sensationally quits Cabinet
Maria Miller finally resigns over expenses row
Skype pimps pro-level broadcast service
Playing Cat and Mouse with the media
Beat it, freetards! Dyn to shut down no-cost dynamic DNS next month
... but don't worry, charter members, you're still in 'for life'
Like Google, Comcast might roll its own mobile voice network
Says anything's possible if regulators approve merger with Time Warner
EE dismisses DATA-BURNING glitch with Orange Mail app
Bug quietly slurps PAYG credit - yet EE denies it exists
Turnbull leaves Australia's broadband blackspots in the dark
New Statement of Expectations to NBN Co offers get-out clauses for blackspot builds
Facebook claims 100 MEEELLION active users in India
Who needs China when you've got the next billion in your sights?
prev story

Whitepapers

Mainstay ROI - Does application security pay?
In this whitepaper learn how you and your enterprise might benefit from better software security.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.