- Small Business Sentiment Grows, But Fear Remains
- Peak Oil Closer Than IEA Forecasts Show: Report
- Yahoo Is in Expanding Mode, Hiring: CEO
- Tyco International Profit Falls Less Than Expected
- Justices Poke Fun at Patents for the Abstract
- UK Most at Risk of Losing Top Credit Rating: Fitch
- GM CEO Starts Charm Tour at Opel in Germany
- Vodafone Extends Cost-Cutting Scheme, Hits Targets
- Bad Debt Weighs on Barclays Earnings
- Why are Options Bullish on This Smartphone Maker?
- Is 10% Unemployment Good for Stocks?
- Moon Hopes To Complete Amazing Story
- Why Google is Paying $750 Million for Ad Mob
- Warren Buffett to Sell Stakes In Union Pacific & Norfolk Southern
- Nov. 9: Unusual Volume Leaders
- The Battered Businesses Behind Housing
- Modern Warfare 2's Record-Breaking Launch
- Merck’s Mega-Monday Morning
MOST SHARED
- Obama Sees Strains Unless US, China Balance Growth
- European Commission Objects to Sun Micro-Oracle Deal
- Can Apple Top Microsoft as Most Valuable Tech Firm?
- Mad Mail: Buy the Berkshire Hathaway Split?
- Cramer: 5 Stocks to Play the Next Bull Run
- JPMorgan Lifts Salary Freeze Amid Recovery
- Peak Oil Closer Than IEA Forecasts Show: Report
- GM CEO Starts Opel Charm Tour in Germany
Text Size 
Deutsche Telekom fell 1.7 percent in Germany Monday following a weekend report that it is interested in buying Sprint Nextel.
 |
] relatively low market capitalization of $22 billion, the paper said.Deutsche Telekom declined to comment.
A deal would combine the No. 3 and No. 4 wireless carriers in the U.S. Deutsche Bank already owns No. 4 player T-Mobile.
Some analysts were skeptical that a merger could go through.
It would be "crazy" for Deutsche Telekom to purse such a deal, one analyst told CNBC Europe.
T-Mobile and Sprint Nextel would not be technologically compatible, T-Mobile margins are still quite healthy as a standalone and U.S. regulators would likely block the deal, the analyst said.
"It is doubtful that the United States would allow a large part of its mobile phone infrastructure to fall into foreign hands," a trader said. "It is also open whether the German government as largest Telekom shareholder would support the Americanization of the company."
But another analyst told CNBC Europe that a low price could trump any concerns and justify elevated costs for consolidating technologies. The move would also fit into Deutsche Telekom's non-German market share expansion strategy, the analyst said.
-- wire services contributed to this report
Print
Email
- Do free market libertarians really believe what they say about ethics and shareholder value? The Big Money takes a look.
- Cramer did the research and found eight stocks that lead the pack. Read on to get his top picks.
- On the anniversary of the fall of the Berlin Wall, many in the former Eastern Bloc recall communism fondly.
- With prices well below peak, gems could add some sparkle to you investments.
- From politicians to CEOs to companies, here's your chance to vote for the winners and losers of 2009.
- The health care reform bill that passed the House on Saturday will have a much harder time in the Senate.
Data is a real-time snapshot *Data is delayed at least 15 minutes