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Deutsche Telecom acquires Sprint-Nextel

Bradley Baker
Comments 0
Votes 8
Voting ends: Jun 05 2008

Rumors have surfaced that Deutsche Telecom, which already owns T-Mobile, might be looking to buy Sprint-Nextel. The combined company would leapfrog AT&T/Cingular and Verizon Wireless to become the largest wireless operator in the US.

Lots of regulatory hurdles and some financing concerns. On the other hand, Sprint-Nextel is currently spinning downwards, between an ever-decreasing subscriber base and hemorraging losses from the handset business and could use a savior. DT has billions to burn and may be looking to triple their footprint in the US in one quick step..

This prediction will be judged as successful if there is a public announcement of a acquisition or merger agreement between Deutsche Telecom (or T-Mobile) and Sprint-Nextel (or whatever portion includes the wireless service operator if Sprint-Nextel divides itself) by the closing date. This prediction requires only the announcement, not the closing of such a deal.

http://news.digitaltrends.com/news/story/16592/deutsche_telecom_eyeing_s...

Suggested Odds50.00%
Prediction Close Date:11.30.2008 (EST)
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