Deutsche Telekom buying Sprint Nextel?

Deutsche Telekom, owner of T-Mobile, is talking to its bank about bidding on Sprint Nextel, The London Daily Telegraph is reporting.

An offer could coming in the next few weeks, the newspaper reports, and the combination of the third and fourth largest telecommunications company would rival AT&T’s subscriber base. Nobody’s talking about a potential deal on either side of the potential deal.

Via KMBC.