Bonn-based Deutsche Telekom did not immediately comment on the report. Were it to make such a deal, it would catapult its T-Mobile wireless unit to the top spot in the U.S. market, a lucrative move.

In its report, The Wall Street Journal said deliberations were at “a preliminary stage and management may very well turn away,” according to the people it quoted. Any bid, the paper’s sources said, “could still be weeks, or even months away.”

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