Deutsche Telekom AG <DTEGn.DE>, which currently
owns 67 percent of T-Mobile, expects a breakup fee of more than
$1 billion, according to the people cited in the report.
The company also wants T-mobile's brand and some of its
management team to be retained after a merger, the Journal cited
the sources as saying. <http://r.reuters.com/vyw29v>
Reuters reported on May 1 that Sprint is facing a battle with
U.S. regulators who oppose consolidation in the wireless market
on the basis it would inhibit competition. The company is aware
it may have to give up some of its spectrum holdings to win over
critics, according to a Reuters source.
T-Mobile and Deutsche Telekom could not be reached immediately
for comment outside of normal business hours.
(Reporting By Abinaya Vijayaraghavan; Editing by Ken Wills)
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