Deutsche Telekom is in talks with U.S. cable company Comcast about a potential sale of T-Mobile US, German Manager Magazin reported on Wednesday, citing sources.
Continue Reading Below
Deutsche Telekom is in talks with several parties, including satellite provider Dish, according to the magazine, but Comcast is viewed as a more attractive buyer by the German telecoms provider's management.
Comcast would be a better candidate as it is financially stronger and would be able to make an offer to buy all shares in T-Mobile US, Manager Magazine reported.
Earlier this month a person familiar with the matter said T-Mobile US and Dish were in merger talks.
Comcast walked away from buying Time Warner Cable for $45 billion in April, citing regulatory concerns.
Deutsche Telekom declined to comment, while Comcast was not immediately reachable for comment outside regular business hours.
(Reporting by Harro ten Wolde; Editing by Susan Fenton)