Tuesday, September 8, 2009

T-Mobile UK sale

According to a Financial Times report last week the German firm is in talks with Vodafone, France Telecom (Orange) and Telefonica (O2) over a sale of its UK unit, although negotiations are understood to be at a preliminary stage.

Wall Street Journal reported T-Mobile UK is to merge with France Telecom's Orange UK to form the country's biggest mobile operator. The deal is expected to officially announced on Tuesday 8th Sept.

source: Financial Times, Reuters, Wall Street Journal

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