While an acquisition seems unlikely, the newly formed alliance betweem Comcast and Charter might be very interested in "partnering" with Sprint.
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SoftBank offered to give up controlling rights to a merged wireless operator in the US and it has a ready and willing new owner in Deutsche Telekom.
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While Deutsche Telekom is antsy about the incoming Trump administration’s impact on telecom regulation in the US, its CEO is “not in the mood” to try and sell its 65 percent stake in T-Mobile.
Tim Hoettegees told a conference of telecom investors at a Morgan Stanley event that “Oh where is the partner we need?” is not a question his company is asking because of a rapid turnaround that has seen its subsidiary grow to rival its parent German operations.
According to Reuters, T-Mobile US earned the equivalent of €2.156 billion last year before taxes, depreciation and amortization. Deutsche Telekom reaped in €2.25 billion in EBITDA. And 14 quarters of subscriber base growth in the states is nothing to scoff at — thank the unit’s CEO, John Legere, for some fun initiatives to spike it off.
“We are now open to how we could create something beyond our execution, which is creating value,” Hoetteges said. “I am not afraid about whether a (pure) mobile player can survive in this environment. If there are any options, we are going to consider.”
One of those options Deutsche Telekom may be interested in is pairing T-Mobile with a content provider, like AT&T has done in signing an $85 billion takeover deal with Time Warner. But this is far from any rumors about courting Comcast for a buyout and even farther from the days of AT&T and Sprint trying their hands at a corporate coupling.
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T-Mobile, after two years of making cutthroat marketing and pricing moves that have forced competitors to do the same, has seen major growth in its subscriber ranks. Parent company Deutsche Telekom has overseen a userbase decline in T-Mobile Netherlands operations of 1.2 million — or a ...
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The parent company is willing to love its child.T-Mobile has issued notes to its parent company Deutsche Telekom totaling $2 billion in value and will be repaid by March 15, 2021 with 5.3 percent annual interest. The carrier will purpose the money mainly for use in the 600MHz spectrum auction that’s to happen this month. Money left over can go towards debt service or “general corporate purposes.”T-Mobile had boasted about a
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Wafting threats of sales bans after legal entrenchment have come between Apple and Samsung over the past few years. But as an ultimate solution is being waited upon, Taiwanese manufacturer HTC is dealing with a
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T-Mobile US has been on a streak. So much so, I wouldn’t be surprised to see John Legere actually streaking in Central Park sooner or later. Hey, it could happen.But just yesterday, we saw him tweet out another Uncarrier initiative on changing the way monthly data is doled out on family plans. Instead of having a pool of shared data — as is the trend right now — T-Mobile is returning to the old per-line allotment model. And then boosting each data dose to 10GB, ...
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After multiple reports of a planned merger between Sprint and T-Mobile USA, more alleged details have reportedly emerged. The merger deal has been allegedly accepted, with the combined company to be named SoftBank USA — meaning, the T-Mobile and Sprint monikers would be history.The CEO of the new company would be the current ...
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