In light of the collapse of its failed T-Mobile USA deal with AT&T, Deutsche Telekom isn’t offering any details on howit plans on moving forward with its US branch. However, Chief Executive Rene Obermann did speak to reporters on a conference call discussing the need for more spectrum: “In … [read full article]
I know there is a celebratory aura going around in the T-Mobile world today and employees especially are breathing sighs of relief. Here at TmoNews we’re definitely glad to see AT&T and their proposed takeover of T-Mobile go down the toilet. Now we turn our attention to the fact that T-Mobile still needs a plan and their options are plentiful, with most … [read full article]
Here it is TmoNews readers and T-Mobile lovers, the news we’ve all been waiting for, hoping to hear and believing in. AT&T has dropped their bid to buy T-Mobile USA and will pay Deutsche Telekom the $4 billion dollar break-up fee. That’s one hell of a price for a bad first date. Viva la T-Mobile. AT&T will pay a total of … [read full article]
According to a new Wall Street Journal report, AT&T’s efforts to find a prospective buyer for T-Mobile assets have “gone cold.” Citing sources familiar with the matter, the Journal indicates that a potential divestiture to Leap Wireless has gone cold as the parties concerned no longer believe such a deal would help persuade the … [read full article]
Update: Judge Huvelle has granted the stay reports Harold Feld from Public Knowledge. AT&T has just released the following statement with regards to its planned merger with T-Mobile: AT&T and Deutsche Telekom advised Judge Huvelle this morning that they … [read full article]
Dish Network, the second largest US satellite-TV provider will look to partner with T-Mobile if the AT&T bid fails, Chief Executive Officer Joseph Clayton said. Dish acquired spectrum earlier this year as part of a deal for bankrupt DBSD North America Inc. and Terrestar Networks and would look to merge … [read full article]
The Justice Department, appearing before Judge Huvelle along with AT&T this morning argued that since AT&T has pulled its merger application from the FCC, the issue is no longer pressing and there is no need to rush to trial. The Justice Department asked the judge to delay the trial to an unspecified date in … [read full article]
As AT&T prepares to face Judge Huvelle at the U.S. District Court today, CEO Randall Stephenson says blocking the deal will result in higher prices for everyone. Without T-Mobile, AT&T says their capacity will … [read full article]
The Justice Department, in a Tuesday telephone conference call questioned whether AT&T’s application to buy T-Mobile was still active. This comes from Richard Levie, a special master overseeing the Department of Justice case against the AT&T, T-mobile deal. “DOJ interprets these comments to mean that the current litigation may, in fact, not present a … [read full article]
AT&T’s Chief Financial Officer, John Stephens vowed to continue pursuing the T-Mobile deal during comments at the UBS media conference in New York City. “We continue to move forward with our efforts to complete the T-Mobile transaction…and we will continue to pursue the sale.” … [read full article]
