8th Jun 2015 05:57
LONDON (Alliance News) - BT Group PLC is set to become a takeover target for Germany's Deutsche Telekom AG according to senior industry executives and city analysts, the Telegraph reported Sunday.
Deutsche Telekom is reportedly in talks to merge its American arm, T-Mobile US, with satellite pay TV operator Dish Networks. It a deal is struck, the sources claim, the likelihood of a potential takeover of BT will rise as this could be a route for Deustsche Telekom to exit the American market. It could then look to redeploy funds in Europe.
http://www.telegraph.co.uk/finance/newsbysector/mediatechnologyandtelecoms/telecoms/11657862/BT-seen-as-likely-takeover-target-for-Germans.html
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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