Deutsche Telekom eyeing Sprint, wants T-Mobile to be #1 in the US

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This isn’t the first I’ve heard about T-Mobile’s parent company Deutsche Telekom possibly looking to acquire Sprint and I still don’t see it happening, but stranger things have happened. Sprint is currently the 3rd largest operator in the US with T-Mobile ranked 4th. If DT were to merge or takeover Sprint, T-Mobile would shoot straight to the top of heap, but that’s easier said than done.

Sprint’s stock is currently hovering around $8/share and that would be an easy acquisition for DT considering the Euro is so strong. But why would a GSM network provider who is currently rolling out their 3G network want a CDMA network? Also, will the German government who still owns a third of the company allow DT to basically become a US company?