Saturday February 06, 2010

T-Mobile USA May Be Spun Off or Sold

eWeek reports that T-Mobile’s parent company, Deutsche Telekom, is considering spinning-off or selling its T-Mobile USA division. Ranking 4th in the US behind Verizon, AT&T, and Sprint, and dealing with issues around the Nexus One and last year’s Sidekick data deletion debacle, it’s certainly been a turbulent 12 months for T-Mo.

A Feb. 4 report in The Wall Street Journal, citing unnamed sources, said Deutsche Telekom was feeling out potential underwriters preparatory to divesting itself of the struggling unit, which ranks behind Verizon, AT&T and Sprint in the United States. One logical scenario for an IPO (initial public offering), according to the Journal, would involve selling 20 percent of T-Mobile to another company.

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