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T-Mobile USA could merge with another carrier, but a complete sale is 'unlikely,' says CEO

T-Mobile USA could merge with another carrier, but a complete sale is 'unlikely,' says CEO Created by MG3 on May 28, 2012

After it failed to sell off T-Mobile USA to AT&T last December, Deutsche Telekom now says that it may seek to merge the company with an existing US carrier, though "a complete sale is unlikely." The remarks were made during a shareholders meeting in Germany, in which CEO Rene Obermann explained that "we must find other ways to increase the return on our capital, or to reduce our capital investment." Since the failed acquisition T-Mobile USA has gone into a period of restructuring, has which included eliminating a number of jobs throughout the company. And while no specific carriers were named as potential options for a merger, Dish — which is trying to build out an LTE network of its own — p... »read more

More at: TheVerge Add additional source

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