Deutsche Telekom's Plan B

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If you thought AT&T was the only company spinning a revisionist history in the wake of AT&T's failed bid to takeover T-Mobile, think again. Deutsche Telekom is spinning like crazy today.

"There's no Plan B," a DT spokeswoman tells the New York Times today.

She must have forgotten what DT's CTO told Reuters in September which reported he said any rational company has a Plan B.

"It's not as if we have no other opportunity than to close T-Mobile USA if the deal doesn't work. We have other opportunities. (T-Mobile USA ) may not be an economical jewel, but it is a true asset that has many ways to be valued," the DT CTO said.

Of course, that was then. This is now.

I guess that the Plan B was thrown out in September and now DT is no longer the rational company its CTO described just 4 months ago.