Tag Archives: DT

T-Mobile can get $2 billion from Deutsche Telekom for 600MHz spectrum auction

The 600MHz spectrum auction is starting to get close, and T-Mobile just got a nice infusion of spending money. An SEC filing has revealed that T-Mobile can sell $2 billion in senior notes to Deutsche Telekom. These notes can be issued until December 1, 2016, will mature on March 15, 2021, and have 5.3 percent coupon. According to the SEC filing, the $2 billion that T-Mobile is intended … [read full article]

Deutsche Telekom’s effort to sell T-Mobile US paused due to spectrum auction

Rumors of Deutsche Telekom looking to sell T-Mobile US seem to pop up every now and then, like last year when it was suggested that DT may sell T-Mo to Comcast. Today the topic has come up again, but this time DT is said to be halting its search for a buyer for T-Mo, at least temporarily. Deutsche Telekom has put its effort to sell T-Mobile US on hold due … [read full article]

Deutsche Telekom to sell its UK arm to BT

A report on BBC News yesterday claims that Deutsche Telekom is about to sell its UK arm to BT, the nation’s largest fixed line telecoms operator. In a deal supposedly worth £12.5 billion, BT plans to buy mobile operator, EE. This news comes shortly after the announcement that the T-Mobile brand name in Britain is dead, along with its partner network operator, Orange. If the deal goes through, it would create a massive communications company covering fixed … [read full article]

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 will affect the Deutsche … [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 become a publicly traded … [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 a stage where significant … [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 the Financial Times source, … [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 through. These talks are … [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 competition in the market … [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% after the Department … [read full article]