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Deutsche Telekom (DT) Might Buy Sprint (S)
http://goldmoneynews.com/ 2008/ 05/ 09/ deutsche-telekom-dt-may-buy-sprint-s/
Deutsche Telekom (DT) Might Buy Sprint (S) Posted by: admin in Engagements and Deals News Filed under: Deals Sprint (NYSE: S) may have found a buyer. The interested party is German phone giant Deutsche Telekom NYSE: DT). DT owns the fourth largest cellular carrier in the US. Sprint has the third largest network, but has struggled to keep subscribers since it bought rival Nextel. Sprint’s shares are trading at $7.81 down from $25 less than two years ago. The firm has had financial troubles because of customers losses and has fallen well behind AT&T (NYSE:T) and Verizon Wireless.
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