Tag Archives: Acquisition

AT&T CEO Admits Poor Execution Doomed T-Mobile Deal

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In a move that will surprise no one, AT&T CEO Randall Stephenson has finally admitted that poor execution doomed his attempt to take over T-Mobile. During an interview with Phil Weiser, dean of the University of Colorado Law School, Stephenson admitted that the failed deal was one of his worst moments as CEO. “I wouldn’t say it was a bad decision, but it was a decision that didn’t go the way I wanted,” … [read full article]

T-Mobile, MetroPCS Merger Talks Began Two Days After AT&T Talks Ended

A preliminary proxy statement filed with the FCC last week by MetroPCS is yielding all sorts of interesting info on their proposed deal with T-Mobile. In fact, the most notable piece of information might be the date talks began, just two days after the deal with AT&T fell apart. That means that Deutsche Telekom and MetroPCS began discussions on December 21st of 2011. Also contained in the filing is a list … [read full article]

So, When AT&T Said It Needed T-Mobile For LTE, It Wasn’t Being Completely Honest

If I can take you back to last year, and the AT&T, T-Mobile acquisition mind frame you might recall that a large part of AT&T’s desire to grab T-Mobile was for spectrum. Spectrum, as you’ll recall was what AT&T said was necessary for them to be able to rival other carriers (see: Verizon) with nationwide LTE. Well, as of this Wednesday AT&T has been singing a different tune, stating that their … [read full article]

T-Mobile CTO Neville Ray Says Hurricane Sandy Will Delay Some 1900MHz HSPA+ Deployments

During a keynote speech at the 4G World Trade Show in Chicago, T-Mobile’s CTO told attendees that Hurricane Sandy will force the company to delay some deployments of its HSPA+ technology in the 1900MHz spectrum. Ray did tell those in attendance that the company has completed “95 percent of the refarming of its 1900MHz spectrum for HSPA+, will launch … [read full article]

Report: SoftBank CEO Isn’t Ruling Out MetroPCS Bid

SoftBank, the Japanese carrier set to buy a 70 percent stake in Sprint Nextel Corp would not rule out making a competing bid for MetroPCS Communications. In an interview with the Wall Street Journal, SoftBank CEO Masayoshi Son told the paper that his company wouldn’t rule out any other deals even as it works to close the transaction with Sprint. “We shouldn’t rule out any opportunity or alternative,” Mr. Son said. In a … [read full article]

Google Announces Official Acquisition Of Motorola Mobility

As the last remaining hurdle came down in the last few days, Google just announced they have finalized their acquisition of Motorola Mobility. Motorola CEO Sanjay Jha is stepping down as “long-time” Googler Dennis Woodside takes the reigns of Motorola after more than 80 years of history. As Google and Motorola completed their blessings from Europe, US and in the last few days, China, the Internet giant has completed it’s $12 billion … [read full article]

AT&T CEO Randall Stephenson Still Angry Over Failed T-Mobile Deal

AT&T CEO Randall Stephenson is apparently still having trouble sleeping over the failed AT&T, T-Mobile deal. Speaking at an annual conference, AT&T’s CEO took the opportunity and the public platform to whine discuss about the failed deal. Stephenson attacked competition in general and pretty much guaranteed he would raise prices as a result. AT&T continues to complain about a lack of bandwidth in the United States without having added T-Mobile’s own … [read full article]

Today Marks The One Year Anniversary Of The Proposed AT&T/T-Mobile Takeover Announcement

That’s right, today marks one year from the completely unexpected announcement that AT&T was attempting to purchase T-Mobile USA from Deutsche Telekom. The story would come to dominate our attention for the better half of 2011 as it became one of the most hotly contested merger/takeover/acquisitions in recent memory. Everyone from Congress, to the FCC and Department of Justice all the way through to hundreds of consumer organizations across the country got involved … [read full article]

CWA Union Says 100,000 New Jobs Will Be Created By AT&T, T-Mobile Deal

According to a Communication Workers of American Union analysis, the merger between AT&T and T-Mobile will create more than 100,000 jobs in the United States. The CWA analysis was able to conclude that 96,000 additional jobs would be created along with the 5,000 outsourced customer service jobs AT&T has promised to bring back stateside. The CWA went a step further by scolding opponents of the deal and stating that their concerns … [read full article]