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DT Chief: T-Mobile sale unlikely in the near term

After months of speculation regarding SoftBank’s proposed takeover of Deutsche Telekom’s controlling stake in T-Mobile, it seems those rumors can be laid to rest. At least for a short while. A report by Bloomberg states that DT’s CEO, Tim Hoettges told company directors yesterday that a sale of its US carrier is unlikely to happen in the near future due to “regulatory hurdles”. In recent … [read full article]

DoJ signs off on T-Mobile acquisition of Verizon’s A-block spectrum

Things have been so noisy and persistent on the Sprint/SoftBank buyout rumor side that any mention of the 700MHz spectrum from Verizon has seemingly gone unnoticed. Earlier than anticipated, T-Mobile’s purchase of the A-block spectrum from VZW has been signed off by the Department of Justice. “The U.S. Department of Justice brought its antitrust review of T-Mobile US Inc.’s acquisition of Verizon Wireless … [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 … [read full article]

Dish Chairman, Ergen states that T-Mobile acquisition is still “on the table”

After failing to compete with Softbank on the purchase of Sprint earlier in the year, Dish is still looking at ways of getting in to the mobile communications market. One of the ways apparently still “on the table” is to purchase T-Mobile US. The company’s chairman, Charlie Ergen, spoke to Bloomberg and stated that this was just one of the options. … [read full article]

T-Mobile announces plans to sell $1.8 billion in stock to invest in more spectrum

Late yesterday evening T-Mobile announced a plan to sell common stock. In all, the company hopes to sell up to $1.8 billion worth of stock, or 66.15 million shares. The idea isn’t just to sit on a nice pile of money, instead it hopes to reinvest the money in to “capital investments, enhancing its financial flexibility and opportunistically acquiring … [read full article]

Take-away from Q3 earnings call: “We’re not done yet”

In my short time here at TmoNews one thing’s become increasingly clear: Many of you are frustrated by the coverage in some areas. Some of those are only a short distance from major metro areas, who get the benefit of the carrier’s fastest available coverage. Incredibly frustrating for you guys, I’m sure. Others – more understandably – are in rural areas of low focus … [read full article]

T-Mobile clears up and reiterates “Free Data For Life” 200MB tablet deal

Yesterday morning it became abundantly clear that consumers had become very confused over the iPad+free data offer on T-Mobile. We attempted to clear it up a little. Essentially, the confusion arose when new customers without pre-existing phone plans on Tmo thought they could walk in to a store, get an iPad on the “zero down” financing offer and get the 200MB … [read full article]