America Movil not talking to T-Mobile about buyout


Just a couple of days ago, a sketchy rumor claimed that Deutsche Telekom was still looking at selling T-Mobile US, and one of the possible candidates was Mexican telecoms company, America Movil. At the time, I sounded my own skepticism over the news, and it seems I was right to be suspicious.

Today, America Movil has moved to debunk those rumors. Its Chief Executive, Daniel Hajj told a conference call today that the company is not talking to anybody about a possible T-Mobile buyout.

So we can rest easy. Until the next set of rumors crop up online.

Source: Reuters

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