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The finite value of a T-Mobile UK merger

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– Eric Auchard is a Reuters columnist. The opinions expressed are his own – 

By Eric Auchard 

Eric AuchardLONDON, Sept 4 (Reuters) – Deja vu, all over and over again. The news is that T-Mobile UK is for sale. Still. 

The Financial Times, citing unnamed sources, says Deutsche Telekom is in “preliminary stage” talks with Vodafone, France Telecom, and Telefonica to sell T-Mobile UK. 

The logic of such a deal seems to be compelling. DT needs to sell out because T-Mobile lacks the scale to gain an edge over its multiple competitors. 

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