According to Bloomberg, T-Mobile’s parent company, Deutsche Telekom is open to negotiating a sale of its U.S. carrier, but only if an offer matches or exceeds its $35 per share valuation. The information was passed on to the site by “a person with knowledge of the matter.” Senior management of the German company allegedly met in Berlin today, purely to discuss T-Mobile’s valuation. … [read full article]
Earlier on today, reports broke from Japan stating that Deutsche Telekom had accepted a buyout offer from SoftBank for its majority stake in T-Mobile US. We assumed, as many would have, that any deal would … [read full article]
Network consolidation may be a must in the relatively near future. But that doesn’t necessarily mean that it has to be Sprint and T-Mobile that merge. In fact, New York Post‘s sources claim that it won’t happen and that the FCC and DoJ are very skeptical on the matter. Even going so far as to say that it’s “dead”. This would go along with another report published … [read full article]
After months of speculation regarding SoftBank’s proposed takeover of Deutsche Telekom’s controlling stake in T-Mobile, it seems those rumors can be laid to rest. At least for a short while. A report by Bloomberg states that DT’s CEO, Tim Hoettges told company directors yesterday that a sale of its US carrier is unlikely to happen in the near future due to “regulatory hurdles”. In recent … [read full article]
Last week it was revealed that the Department of Justice was highly skeptical of a deal between SoftBank and Deutsche Telekom that would see a merger of Tmo and Sprint. This week, the FCC’s chairman has added his voice to the argument, and is in agreement with the … [read full article]
Deutsche Telekom’s newly appointed CEO, Timotheus Hoettges took part in an interview with Bloomberg today in which he discussed a handful of topics. For the most part, Hoettges speaks of T-Mobile’s achievements in the US market. Stating that he is “fairly proud — together with all those involved — of what we created there.” Back in 2011, AT&T had attempted to … [read full article]
With Dish Network abandoning its attempt to scoop up Sprint Nextel out from under SoftBank, the question now becomes where will they look next? Dish has made it perfectly clear that it wants to succeed and work in the wireless space, which begs the question about where … [read full article]
It’s about time another T-Mobile buyout rumor surfaced because we’ve clearly gone way to long without one of those. This time Reuters is reporting that SoftBank, the Japanese carrier is eyeing a possible deal with T-Mobile if their Sprint buyout falls through. SoftBank and Deutsche Telekom had been … [read full article]
A few years ago, T-Mobile was borderline sick. The spectrum crunch was felt in full force by T-Mobile customers around the country. 1,500 milliseconds pings and dropped calls galore peeked their heads at every opportunity. T-Mobile’s smaller customer base accompanied by its use of non-standard frequencies for network operation made it nearly impossible for T-Mobile to garner flagship handsets, further compounding the “greener pastures” appeal of competitors’ networks. To add insult to injury, T-Mobile had no roadmap … [read full article]
Deutsche Telekom Chief Financial Officer Timotheus Hoettges spoke early this morning and said that the majority shareholder of T-Mobile USA can sell the company to a buyer before the 18-month share lock-up period is over. Hoettges spoke to shareholders at the annual Deutsche Telekom meeting in Cologne, Germany earlier this morning. His comment was in response to a question from an … [read full article]
