Richard Moat must hope that his second week as head of T-Mobile UK will be quieter than the first. Since last week’s news that Vodafone might bid for Deutsche Telekom’s struggling UK business, all manner of combinations have been mooted, from an outright sale to Vodafone or Telefónica, to a joint venture with France Telecom, Mr Moat’s former employer.

The most recent suggestion – DT trading its UK arm for Vodafone’s troubled Turkish business – is intriguing, given Germany’s large Turkish population and DT’s recent move into neighbouring Greece. Nevertheless, an all-out sale should be DT’s preferred option.