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US: T-Mobile buyout rumors get complicated

By  |  December 18, 2013

As rumors fly that Sprint is planning an acquisition bid for T-Mobile – a move that would reduce the number of wireless competitors from four to three – the latest reports say that Dish Network may consider its own buyout bid for the wireless firm.

The bid would be the second attempt by Dish to acquire a major wireless company, reports say, and could spark a new bidding war with Softbank; Dish clashed with Japan-based Softbank earlier this year in efforts to acquire Sprint, which is now owned by Softbank.

Now, anonymous sources say Dish is in talks with T-Mobile majority owner Deutsche Telekom about a possible deal as the satellite television company looks to expand beyond the TV market.

Dish, T-Mobile and Deutsche Telekom did not comment on the matter, reports say.

Full Content: Reuters

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