Comcast said to be leading suitor in T-Mobile buyout

From CNET: Wireless carrier T-Mobile is being shopped around to several companies, and the top cable company in the US might just be the one to get it.

Comcast and Deutsche Telekom are exploring the possibility of the cable provider acquiring T-Mobile, German publication Manager Magazin is reporting Wednesday, citing people who claim to have knowledge of the discussions. Deutsche Telekom, the Germany-based carrier that owns T-Mobile, has yet to finalize a deal and is talking to several companies, including satellite TV company Dish Network, but believes Comcast would be the best suitor, according to the report.

A tie-up between Comcast and T-Mobile would combine the top cable provider in the US with one of the "big four" wireless carriers. Comcast, which provides cable television, Internet and phone service across the US, has 27 million subscribers. T-Mobile, which provides cellular service, has 39 million customers.

Acquiring T-Mobile would give Comcast a foothold in the wireless industry, which has seen massive growth over the last several years as people to increasingly turn to mobile phones -- not just for making calls, but also to get their entertainment, from streaming music to YouTube videos and even television shows. For Deutsche Telekom, a sale to Comcast would allow it to finally unburden itself of T-Mobile -- something it has been trying to do for years.

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