Tag Archives: Deutsche Telekom

Department of Justice expresses concerns over Sprint/T-Mobile merger in meeting with Sprint

When rumors of a Softbank takeover of T-Mobile first emerged, there were – as expected – mixed responses. T-Mobile is in its strongest position for years, and there are obviously concerns that the progress Magenta has made over the past 12 months could be negated by a takeover. On the other hand, Sprint is a “pile of spectrum” waiting to be used – according to Legere – and could prove useful to expanding … [read full article]

Deutsche Telekom transfers T-Mobile US stake to holding company in the Netherlands [Update: Sprint gets bank financing proposals ]

Reuters reports today that Deutsche Telekom has transferred its controlling stake in T-Mobile US to a holding company in theNetherlands. DT owns around 67% of the #4 US carrier, and this move will do nothing to kill rumors of a possible buyout. Rumors have persisted for a few months now that Sprint could be lining up a buyout bid for T-Mobile. This particular merger/takeover is allegedly being fueled by Softbank’s CEO, the same … [read full article]

With Sprint Off The Table, Will Dish Turn Its Attention To T-Mobile?

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 they go from here? As it stands today, Dish holds 40MHz of 2GHz spectrum and a small portion of 700MHz spectrum. Analysts of course suggest … [read full article]

SoftBank Eyeing T-Mobile As Plan B Option If Sprint Buyout Falls Through?

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 in talks last year about a potential deal and have had periodic discussions since then according to Reuters sources. The Sprint deal which was … [read full article]

Loophole Allows Deutsche Telekom To Sell T-Mobile USA Shares Before Lock-In Period Ends

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 investor who named Vodafone as a hypothetical buyer for T-Mobile USA. In its … [read full article]

Ask TmoNews: What Does The MetroPCS Merger Mean For Me?

With the shareholder vote behind us, the T-Mobile/MetroPCS merger is free to close and is expected to do next Tuesday.  With that closing date just 96 hours away, it’s time to take a step back and understand how this deal will affect you, the T-Mobile customer. The truth is that for now, you won’t see any changes other than the continuation of T-Mobile’s new UNCarrier/Simple Choice strategies as they refarm their network … [read full article]

MetroPCS Releases First Quarter Numbers, Expects T-Mobile Deal To Close April 30th

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As MetroPCS shareholders voted in favor of a merger with T-Mobile yesterday, the company announced its first quarter 2013 financials. The good news is that MetroPCS is making money with a new income of $19.4 million for the first quarter, down from $21 million a year ago. Metro announced that they expect the T-Mobile deal to close on April 30th. Metro … [read full article]

Bloomberg Reports The Shareholders Have Spoken And “T-Metro” Is A Go

Bloomberg is reporting that MetroPCS shareholders have spoken, and the deal has received their blessing. The vote marked the last in a series of steps both companies were going through in order to finalize the combination of the two companies. With all regulatory approvals behind them, the deal is now free to close and add 9 million MetroPCS customers to the T-Mobile ranks. With the original vote … [read full article]

Public Service Announcement: MetroPCS Shareholders Vote On Proposed T-Mobile Merger Tomorrow

Just a quick reminder for everyone out there that tomorrow marks D-Day for the T-Mobile USA/MetroPCS merger. Widely expected to go through after Deutsche Telekom upped the offer, MetroPCS shareholders will begin voting at 8am Central Time tomorrow. Results are expected later in the day and I expect we’ll hear from both companies sometime tomorrow evening. Stay tuned for the final vote tomorrow! @dt_ir