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Comcast reportedly interested in T-Mobile US deal
US cable giant Comcast is said to have held talks with Deutsche Telekom about a potential deal to acquire mobile network T-Mobile US.
According to Germany’s Maganger Magazin, which cited unnamed insiders, Comcast is one of a number of interested parties in the US mobile network, with US satellite operator DISH also linked to the firm.
The report claimed a Comcast-T-Mobile tie up would provide a new growth opportunity for Comcast, following the collapse of its merger agreement with Time Warner Cable earlier this year.
It also said that Comcast’s financial strength, and ability to stage a full takeover of T-Mobile, would make it an attractive bidder.
The Wall Street Journal reported earlier this month that DISH Network is in merger talks with T-Mobile US about a multi-billion dollar deal to combine the two companies.
The WSJ report said that DISH and T-Mobile were “in close agreement” about the structure of a combined company, but had not resolved issues surrounding the price of the deal or the mix of cash and stock that would fund it.