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Deutsche Telekom Reportedly Bids for VoiceStream

But DT isn't the only one interested: France Telecom, SBC, also weighing bids, report says.
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Deutsche Telekom

(DT) - Get Dynatrace, Inc. Report

has offered to buy U.S. wireless provider



in a bid that values the U.S. wireless provider at $30 billion, according to


Deutsche Telekom had been expected to bid for



, whose deal to be acquired by



has fallen apart. said Deutsche Telekom still was interested in Sprint, but Deutsche Telekom may have a tough time going after both. (

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written about Deutsche Telekom's interest in Sprint.)

Deutsche Telekom isn't the only one interested in VoiceStream. According to,

France Telecom





are also considering bids for VoiceStream.

But Deutsche Telekom has made the most progress, making a specific bid for at least a controlling interest in VoiceStream, the Web site said. VoiceStream didn't immediately return a phone call.

Deutsche Telekom is flush with cash after completing a huge bond offering. (


wrote about the offering recently.)

VoiceStream's shares soared in after-hours trading, trading at about 150 after closing regular trading at 124 15/16 (see tonight's Night Watch for more on VoiceStream's

after-hours action.)