Vodafone UK claims no knowledge of T-Mobile UK sale

29 Jul 2009

Britain’s second largest mobile operator by subscribers, Vodafone UK, has claimed that there is no official sale underway for rival T-Mobile UK, despite speculation it is to be sold by parent Deutsche Telekom (DT). According to Reuters, Vodafone UK chairman John Bond, speaking at the cellco’s annual general meeting, said he did not believe that a sale of T-Mobile was underway. The claims echo those earlier this month of O2 UK’s CEO, Ronan Dunne, who said that while he was watching developments at T-Mobile, he was not aware of any formal process relating to a potential sale. Rumours that DT was under pressure from its two main shareholders, the German government and private equity group Blackstone, to consider the sale of its UK unit were reported in May 2009, amid concerns that the subsidiary was struggling both financially and operationally.

United Kingdom, O2 UK, T-Mobile UK, Vodafone UK