“It was only last week that Jim Alling, COO of T-Mobile USA, poured cold water on speculation that his company might finally start selling Apple’s iPhones to its 33 million customers,” Philip Elmer-DeWitt reports for Fortune.

“Now Merrill Lynch’s Scott Craig is out with a note reporting that ‘speculation is heightening’ that Deutsche Telecom will announce a deal to bring the iPhone to its U.S. subsidiary at next week’s analysts day (12/6-7),” P.E.D. reports. “Merrill Lynch’s Craig points out that cutting a deal with the fourth largest U.S. carrier would give Apple access to 98% of the U.S. post-paid market and 75% of the country’s total mobile subscribers.”

P.E.D. notes, “T-Mobile would have had the iPhone last year if the U.S. Dept. of Justice hadn’t opposed AT&T proposed acquisition of the company on antitrust grounds.”

Read more in the full article here.

[Thanks to MacDailyNews Readers "Judge Bork" and "Rainy Day" for the heads up.]