Tag Archives: DT

Deutsche Telekom CEO Rene Obermann Announces He Will Step Down Next Year

In a move that might make most of you yawn and move on, Deutsche Telekom CEO Rene Obermann has announced he will step down from the T-Mobile USA parent company next year. Obermann requested that the termination date for his contract be December 31st of 2013, allowing plenty of time for his successor, current Deutsche Telekom CFO Timotheus Hottges to step into the role. There’s no sign how or if this move … [read full article]

Breaking: T-Mobile, MetroPCS Merger Agreement Reached, Combined Company Will Stay T-Mobile

In a move that isn’t going to come as much of a surprise after both companies confirmed the talks, both boards have approved a $1.5 billion dollar deal. The combined company will be called T-Mobile and run by newly installed T-Mobile Chief Executive John Legere. The deal itself will be structured as a “reverse merger,” meaning that MetroPCS will in effect take on its larger rival. Such a move allows T-Mobile to … [read full article]

Deutsche Telekom, MetroPCS Confirm Merger Talks Through Separate Statements

The Deutsche Telekom/MetroPCS merger talk is heating up as both companies release separate statements confirming discussions. Deutsche Telekom: “Deutsche Telekom is holding talks with the listed company MetroPCS with the aim of operating its subsidiary T-Mobile USA and MetroPCS within one company in which Deutsche Telekom would hold the majority of shares,” the carrier said on its Web site. “The talks are at … [read full article]

Financial Times Report Indicates Deutsche Telekom Is Talking To Banks Looking To Boost T-Mobile USA

Here’s a new turn of events as a Financial Times report indicates Deutsche Telekom is reportedly talking with bankers hoping to keep their USA branch competitive in the United States. Besides selling T-Mobile USA towers, which could raise between $1 to $2 billion, T-Mobile could also raise additional funds by issuing bonds. Deutsche Telekom is expected to offer more detail on its strategy when it reports its quarterly results in February. According to … [read full article]

AT&T Talking To Rivals About Asset Sales To Save T-Mobile Deal?

An early morning Bloomberg report indicates that AT&T has already begun approaching its smaller rivals including MetroPCS and Leap to sell both spectrum and customers in an attempt to save its T-Mobile deal. Along with its smaller rivals the Bloomberg report also indicates AT&T has reached out to CenturyLink Inc., Dish Network and Sprint to also determine their interest level in possibly acquiring assets in order for AT&T to push their deal … [read full article]

AT&T Files Formal Response To Justice Department Lawsuit

Someone needs to tell me what is in the water over at AT&T headquarters that they believe a T-Mobile isn’t competitive. While T-Mobile is certainly the smallest of the big 4 carriers, calling MetroPCS and Cricket a larger threat than a company multiple times the size of both Metro and Cricket combined is in my eyes, irrational. AT&T filed a formal response to the Department of Justice lawsuit on Friday arguing that … [read full article]

Deutsche Telekom, AT&T At Odds Over T-Mobile Deal?

Deutsche Telekom and AT&T are putting up a united front in their attempt to finalize the purchase of T-Mobile USA while there are concerns that internally the companies no longer see eye to eye. According to a Bloomberg report their interests diverge should the deal fail and explains that Deutsche Telekom will end up better off when their hands are free to explore other options. DT saw their stock value fall almost 14% … [read full article]

Is Deutsche Telekom Ignoring T-Mobile USA While AT&T Deal Awaits Approval?

While we await Deutsche Telekom and T-Mobile USA’s second quarter numbers set to be released sometime tomorrow an article coming out of Bloomberg shows analyst concern that T-Mobile USA is being left behind by their parent company. T-Mobile USA is expected to see a net contract customer loss of close to 350,000 customers from last quarter according to UniCredit SpA analyst Thomas Friedrich. That would  bring their total contract losses from the last … [read full article]

Choice Quotes From The AT&T And T-Mobile FCC Public Interest Filing

After taking some time and reading the full Public Interest Filing AT&T and T-Mobile filed yesterday, I’ve put together a metric TON of choice quotes from the document to give some perspective. To preface these quotes, some of them require context (and I therefore urge you to read the whole filing found at the link at the end of the post) but in the interest of time and energy, I’ve tried to choose … [read full article]

FCC Commissioner Michael Copps “Not Pleased” With Proposed AT&T/T-Mobile Deal

FCC Commissioner Michael Copps confirmed to C-SPAN during an interview that he isn’t happy about the proposed acquisition of T-Mobile by AT&T. Copps is concerned about the “amount of power and influence the merged company would hold, given that two companies would virtually control the wireless landscape.” In Copps own opinion, the deal will prove more difficult to approve than the Comcast-NBC Universal which he voted against but was ultimately approved. Copps … [read full article]