Bloomberg: DT open to T-Mobile sale at $35/share

|By:, SA News Editor

Bloomberg reports Deutsche Telekom (OTCQX:DTEGY) is open to holding talks to sell T-Mobile USA (TMUS +2.1%) at $35/share or more. T-Mobile has risen above $30 in response.

DT owns 67% of T-Mobile USA. French carrier Iliad (OTC:ILIAF) has offered $33/share for a 56.6% stake in T-Mobile, a bid T-Mobile has dismissed as "very inadequate."

Sprint was rumored to be prepping a $40/share bid before abandoning its plans due to regulatory opposition.