Andre Yoskowitz
23 Sep 2007 19:31
According to Reuters, there are rumors flying around that the large mobile phone provider Sprint could be getting sold to British Telecom, and soon.
Despite still having the third largest cellular service in the US, Sprint continues to lose market share causing its stock prices to decline.
If Sprint was to get purchased by Birtish Telecom it would join T-Mobile and Verizon as American carriers that have significant foreign ownership. T-Mobile is an extension of Deutsche Telekom of Germany while Verizon is partly owned by Vodafone of the UK.
Source:
Electronista