O2, Vodafone Both Ponder T-Mobile UK Bids

By Christopher Nickson
July 01, 2009

Network providers O2 and Vodafone both appear to be considering bids to take over the ailing T-Mobile in the UK.

News floated around last week that Vodafone was considering a bid for the UK T-Mobile network, at the behest of bank Morgan Stanley. Now it appears that Britain’s biggest mobile company, O2, might also be joining the battle. 

T-Mobile is the country’s fourth-largest provider, and owned by the Deutsche Telekom giant, which is playing down the possibility of a sale and pointing out that fact that it’s just installed a new chief executive. However, it’s likely to need a fair bit of investment to gain traction in the British market. It’s estimated to be worth £3 billion, but T-Mobile paid £4 billion a few years ago for the license to run 3G services. 

Virgin Mobile uses T-Mobile as its network ...

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