Deutsche Telekom is looking to sell T-Mobile for $35-a-share

Deutsche Telekom, the majority owner of T-Mobile, wants to unload its stake in the US wireless carrier. But only at the right price. The German carrier is willing to negotiate for the sale of T-Mobile if a bid values the company at $35 per share or more, Bloomberg said Thursday,citing unnamed sources. That price isn’t substantially higher than last month’s offer from French telecom company Iliad to buy a majority stake at $33 a share, which T-Mobile rejected.