A T-Mobile store in Glendale, California, on August 1, 2014.
Robyn Beck | AFP | Getty Images
Deutsche Telekom AG's T-Mobile US unit could be sold for $35 a share, according to a report from Bloomberg, citing sources.
Bloomberg reported that Deutsche Telekom senior managers came to this conclusion during a discussion of the American unit's valuation Thursday, according to an unnamed source.
T-Mobile rejected a $33-per-share bid from France's Iliad earlier this month.
Read More Iliad offers $15B in cash for 56.6% of T-Mobile, at $33 per share
A Deutsche Telekom spokesman declined to comment to Bloomberg.
Shares of T-Mobile briefly spiked following the report.
Click here to read the full story from Bloomberg.
—By CNBC staff