Upcoming U.S. spectrum auctions, which could last months, are also playing a role, given that auction participants are not allowed to engage in any partnership or merger talks during the weeks before and after the bidding process.
“Deutsche Telekom has put the sale of T-Mobile US on hold while it worries about an upcoming US auction of radio airwaves. The move gives potential suitors time to wait for a more favorable political environment toward telecoms mergers.”