Germany (ip-192.com): T-mobile USA is looking for a partner to expand in the US market, according to a report published today in Handelsblatt. The German newspaper says Deutsche Telekom wants a partner to help finance billions of Euros (Dollars) of investment in network expansion and possible partners included competitors MetroPCS, Clearwire and AT&T and companies from outside the industry such as a financial investor. As part of a partnership with a financial investor, the investor might take a stake in Deutsche Telekom's U.S. unit T-mobile, Handelsblatt reported.
Hamid Akhavan, chief operating officer at Deutsche Telekom, said he would not comment on speculation but earlier told the FT World Telecoms Conference he expected the difficult headwinds experienced in the United States to improve, according to a Reuters report. "We have had some heavy headwinds ... but we are quite optimistic that this trend can be reversed," he said, attributing the problems to a delay in the group securing third generation networks and the population of Apple's iPhone on a rival network.
A potential takeover of rival Sprint-Nextel is off the table, according to the Handelsblatt report.
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