Deutsche Telekom may have approved Softbank’s plan to buy T-Mobile

Reports of the Sprint T-Mobile merger have been coming in for the last few months now and yet no official bid has been submitted by the Softbank-owned third largest carrier in the U.S. Deutsche Telekom also has a say in this matter as it owns a controlling stake, 67 percent to be precise, of T-Mobile USA. Comments from DT top brass make it seem like they’re open to a merger and if a report from Japan’s Kyodo news agency is to be believed, Deutsche Telekom may already have approved Softbank’s plan to buy T-Mobile.