T-Mobile’s parent company, Deutsche Telekom, seems interested in buying Sprint Nextel, according to this Engadget article, which is based on a report from German newspaper Der Spiegel.
Sprint already has enough problems trying to absorb Nextel’s incompatible network. The combined company has bled subscribers ever since the 2005 merger was announced. Check these articles from the Wall Street Journal and Engadget for more of the gory details, including this quote from February 2008:
Sprint lost more money in the fourth quarter of 2007 than the company is worth.
Add GSM to this mix and Sprint’s “deal from hell” would only get worse. However, DT has been rolling out UMTS, a 4G technology that supports GSM and CDMA, in its European and US markets.
The interesting part pf all this is that Nextel may not be included in the deal, according to the Wall Street Journal and Engadget. Spring may spin off Nextel, giving the push-to-talk provider its independence.
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