As was the case with the AT&T/T-Mobile merger, there’s a pretty good chance the news of a merger with MetroPCS will dominate our … [read full article]
The T-Mobile/MetroPCS deal is only minutes old and T-Mobile CEO John Legere just had a video posted to T-Mobile’s YouTube page detailing some of the finer points about the merger. I’ve included the full text below which is being passed around to T-Mobile employees internally as we speak. [read full article]
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 … [read full article]
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 … [read full article]
Oh boy, here we go again but this time T-Mobile would on the opposite side of a merger with word coming from Street Insider that T-Mobile USA parent company is close to a deal with MetroPCS. The report came via the papers Twitter account early this morning … [read full article]
Oh here we go again as former telecommunications executive Sol Trujillo is said to be working on finding private-equity firms interesting in financing a buyout of part or all of T-Mobile USA. Trujillo, the former head of phone companies U.S. West Communications, Orange SA and Australia’s Telstra Corp has approached at least two private-equity firms: KKR & Co and Blackstone Group LP about … [read full article]
Well, it’s more like Deutsche Telekom releases their quarterly numbers and let’s us know how T-Mobile USA is doing and as anticipated, it’s still not all sunshine and rainbows. The good news is that net income is up 3.5 percent over the first quarter, despite a 2.4 percent decrease from the second quarter of 2011. In other words, T-Mobile USA remains profitable, so that’s important. … [read full article]
Deutsche Telekom CEO Rene Obermann spoke this morning during his company’s investors call and said that a T-Mobile merger is still an option, though an outright sale is more than likely off the table. “We do not exclude any option for the T-Mobile unit in the U.S., also not a merger,” Obermann told shareholders today at an annual meeting … [read full article]
Deutsche Telekom CFO came right out today speaking at the 40th Annual J.P. Morgan Global Technology, Media and Telecom conference and said that T-Mobile USA is “not a problem” for the international carrier. “There’s always a perception that if these guys are selling an asset it must be a problem child,” Höttges said. “It is not a problem for us. … [read full article]
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 … [read full article]
