
It's no secret that Deutsche Telekom has been looking to sell off T-Mobile for many years, but the latest intel as to who is considering taking it off their hands would be awful news if it turns out true. Supposedly, Comcast is the frontrunner to be the next owner of T-Mobile. Here's a quote with the details,
Deutsche Telekom is in talks with U.S. cable company Comcast about a potential sale of T-Mobile US, German Manager Magazin reported on Wednesday, citing sources.
Deutsche Telekom is in talks with several parties, including satellite provider Dish, according to the magazine, but Comcast is viewed as a more attractive buyer by the German telecoms provider's management.
Comcast would be a better candidate as it is financially stronger and would be able to make an offer to buy all shares in T-Mobile US, Manager Magazine reported.
Earlier in the month, we shared that Dish is considering merging with T-Mobile, and many voiced their opinion that it isn't a bad idea. Sadly, the same cannot be said of this potential merger. More than likely, Comcast would not name John Legere as the CEO of this merger, which is what makes the Dish and T-Mo team-up seem attractive. Furthermore, Comcast is legendary for awful customer service and taking advantage of their customers, so this could be nothing more than a black stain on T-Mobile.
Sound off with your point of view on what would happen if this goes through.
Source: Reuters