DEUTSCHE TELEKOM MAY MOVE TO ACQUIRE SPRINT NEXTEL

Here's some interesting mobile phone carrier news. The Wall Street Journal reports that Deutsche Telekom may make a bid for Sprint Nextel.a bid to acquire Sprint Nextel Corp. bid to acquire Sprint Nextel Corp. At this stage, the deliberation process is still at its infancy and the Deutsche Telekom management may decide against placing a bid. Experts also explained that months may pass before a bid is launched for Sprint Nextel since the company is one of the top US carriers and has a stock-market capitalization worth $22 billion.