Tag Archives: Wall Street

T-Mobile prices its public offering of 17.4M shares

In a press release published this morning, T-Mobile announced the pricing of its registered public offering. The carrier is offering 17.4 million shares of 5.50% mandatory convertible preferred stock at a price of $50 per share. T-Mo hopes to raise around $854 million from the public offering. It’s also giving underwriters the opportunity to buy up to an additional 2.6 million shares of Mandatory Convertible Preferred Stock. As with any public offering, T-Mobile … [read full article]

Market responds to Iliad’s T-Mobile buyout offer: TMUS value climbs, Sprint and Iliad values fall

Watching how analysts and investors interpret certain events in the technology industry has the tendency to throw up some surprises, and often times almost makes for interesting reading. Yesterday, following reports that French Telecom giant, Iliad wants to buy T-Mobile, the news affected three service providers’ value. In regards to T-Mobile (TMUS), it seems as though the extra interest in buying … [read full article]

Analysts apparently worried by T-Mobile’s moves

If there’s one group of people that constantly provide frustration to my working life, it’s financial analysts. In my role, running TodaysiPhone.com, I come across them a lot. Normally, they’re making crazy predictions about what Apple’s going to release next or daft predictions on the company’s financial results. Normally, they’re wrong. But that’s not what frustrates me the most. As a financial analyst, the focus is never on what really matters the most: … [read full article]

T-Mobile Closing Its Doors In 2011? Not So Fast!

Update: Thanks to a sharp reader I did indeed incorrectly source the Wall Street 24/7 article which states companies that WILL disappear in 2011 when the Yahoo News article erroneously states companies that MAY disappear, guess I should pay more attention too. Doesn’t change the fact that it doesn’t say the company itself will disappear, just the brand so T-Mobile may live on according to them only under a different name and perhaps … [read full article]