Friday, October 24, 2014

No deal for T-Mobile says Mexican operator America Movil

On Thursday, a report published in Germany said that Mexican telecommunications firm America Movil would buy T-Mobile. The nation's fourth largest (and soon to be third largest, according to CEO John Legere) has been the subject of a number of takeover rumors. 67% of T-Mobile's shares are owned by German telecom giant Deutsche Telekom, which gives them the final say on any deal.



Today, America Movil CEO Daniel Hajj refuted the rumor, saying that his company is not in talks to acquire the innovative wireless operator. Thursday's rumor seemed to have some grounding in reality as Deutsche Telekom ...



from PhoneArena - News http://ift.tt/1tsKJaB

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