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Analysts Play Guessing Game; Deutsche Telekom to Acquire Sprint?

Updated 4 years ago
Published Mar 6th, 2008 12:53PM EST

According to an article this morning in the Kansas City Star, Deutsche Telekom is now an analyst-favorite to swoop in and save the day for sinking US carrier Sprint. It’s no mystery that Sprint would be an ideal target for a takeover; Sprint shares are dirt cheap, down almost 50% since the start of 2008. The dollar is dirt cheap as well of course and that is one of the many reasons analysts for Merrill Lynch are pointing their divining rods at T-Mobile owner, Deutsche Telekom. The Wall Street firm is speculating that continued woes may result in further price reductions at Sprint. Because T-Mobile is generally considered the best carrier option in terms of plan pricing amongst major US carriers, Merrill Lynch analysts believe further price slashing at Sprint would put unwanted pressure on T-Mobile to compete. As Sprint continues to lose subscribers and value, an acqusition may come sooner rather than later. No comment yet from Deutsche Telekom, currently the sixth largest telephone company with over 120 million customers globally.

[Thanks to everyone who sent this in]

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Zach Epstein
Zach Epstein Executive Editor

Zach Epstein has been the Executive Editor at BGR for more than 10 years. He manages BGR’s editorial team and ensures that best practices are adhered to. He also oversees the Ecommerce team and directs the daily flow of all content.

Zach first joined BGR in 2007 as a Staff Writer covering business, technology, and entertainment. His work has been quoted by countless top news organizations, and he was recently named one of the world's top 10 “power mobile influencers” by Forbes. Prior to BGR, Zach worked as an executive in marketing and business development with two private telcos.