T-Mobile, one of UK’s biggest Mobile Broadband and WiFi Hotspot operators could soon be sold according to Financial Times reports. The group’s parent, Deutsche Telekom is under pressure from two main shareholders to sell up.
The German government and Blackstone, a private equity group, have been unhappy with T-Mobile UK’s performance and want it sold to help up the main business. This might be difficult in an already well covered mobile market and home to a rather weak pound, writes ISP Review.
The company best suitor for T-Mobile would be 3, which already has a network sharing deal with the same operator and lacks a 2G mobile network of its own. However, in the past, T-Mobile seriously considered buying 3, but ironically, it might be the other way around.