T-Mobile UK apparently being pressured to merge or bust

by Donald Melanson posted May 1st 2009 at 4:04PM

There's not exactly a ton of details on this one, but it looks like Deutsche Telekom CFO Timotheus Hoettges caused a bit of a stir at the company's recently shareholder meeting, where he reportedly suggested that T-Mobile UK would likely have to merge with another carrier or face the possibility of going bust. Specifically, Hoettges said that "in our view consolidation is a means to take excess capabilities out of the market," adding somewhat ominously that "nothing is unthinkable on our side." Of course, that immediately brings up the question of which carrier T-Mobile might merge with, and MarketingWeek suggests that one of the most likely suitors would be 3, which it currently ranked fifth in the UK market right behind T-Mobile, although O2, Orange, and Vodafone would no doubt also be in the running.

[Via Electronista]

Filed under: T-Mobile, Misc

Tags: deutsche telekom, DeutscheTelekom, merge, merger, t-mobile, t-mobile uk, T-mobileUk, timothues hoettges, TimothuesHoettges, tmobile, tmobile uk, TmobileUk, UK

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Enigma @ May 1st 2009 5:52PM

Any connection to T-Mobile USA? might this have some influence on them???

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