Its about time! Sprint has officially voiced its opinion on the $39 billion AT&T acquisition of T-Mobile USA. Earlier this month, discussions between Deutsche Telekom and Sprint were heating up for a possible acquisition of T-Mobile USA by Sprint and it was … [read full article]
Following today’s announcement of AT&T acquisition of T-Mobile USA, T-Mobile has posted a Q&A answering several frequently asked questions. And one question a majority of you might be wondering is whether T-Mobile will be getting the iPhone. All the answers to your questions below! Leave your thoughts in the comments! An agreement was announced under which AT&T will acquire T-Mobile USA. The agreement is the first … [read full article]
I’m still in shock over this so I’m just going to post this and let you, like me take it all in! This is an internal email from current T-Mobile CEO Philip Humm regarding the just announced acquisition of T-Mobile USA by AT&T. Commence crying. Full Internal Press Release: Bonn/ Dallas, March 20th 2011 Deutsche Telekom: US Deal accelerates own transformation ? Deutsche Telekom to receive 39 … [read full article]
It’s not unusual for large corporations to respond to certain rumors involving sales/acquisitions/buyouts especially those that have been ongoing for some time. We just received this letter written by Philip Humm, T-Mobile CEO in response to the ongoing rumors that once again surfaced. As expected, it’s a non-denial response that in our estimation leaves open any … [read full article]
While I like to jokingly consider myself T-Mobile’s number one fan, it’s hard to argue that its position in the wireless marketplace is looking good. After a disappointing fourth quarter in 2010, we’re back today with yet another round of rumors and tech talk regarding a potential deal with Sprint. Only this time, things are a little different since, as … [read full article]
If you may recall, just last week, Deutsche Telekom CFO Timotheus Hoettges ruled out rumors of DT selling its U.S branch. But now, a new report from Bloomberg suggests that Sprint is in talks with DT to acquire T-Mobile USA. According to people with knowledge of the matter, Sprint Nextel Corp. and Deutsche Telekom are holding meetings … [read full article]
There is no question that T-Mobile’s recent quarterly report left us a little concerned and disappointed. We wanted to see an immediate turnaround and yet, like so many things, this company wide turnaround will be more gradual than immediate. Given that, we thought it might be worth posting a quick article to help allay … [read full article]
As T-Mobile works to boost its financial position in the US, they are considering a number of options that include the sale of non-strategic assets such as cell towers to raise cash for future investments. Forming partnerships and spectrum-sharing opportunities are on the table, however no large cash acquisitions are in the works. That seems like an obvious … [read full article]
Well I suppose this is hardly going to come as any surprise that Sprint CEO Dan Hesse has said that a merger with T-Mobile makes sense. Shock and surprise right? I think with the [read full article]
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 … [read full article]
