Tag Archives: Deutsche Telekom
Deutsche Telekom Considering Selling T-Mobile To MetroPCS
About a year ago, AT&T said that they were intending to buy out T-Mobile USA. After massive government regulation, that deal fell through. According to Bloomberg, T-Mobile’s parent company Deutsche Telekom is now considering selling off the company to MetroPCS, the fifth largest carrier in the U.S. MetroPCS and T-Mobile would merge under a single entity or they might sell off the business entirely.
Categories Deutsche Telekom, MetroPCS, T-Mobile, T-Mobile USA
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T-Mobile USA Revenue Drops To $20.6 Billion
Deutsche Telekom has announced today that T-Mobile USA will be launching a high-speed LTE service sometime next year. However the most recent quarter was one of the most brutal for T-Mobile.
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Categories Deutsche Telekom, T-Mobile
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AT&T To Provide T-Mobile With 7-Year 3G Roaming Deal After Ending Bid
AT&T Inc. (NYSE:T) is ending their bid for T-Mobile USA. AT&T had announced in March 2011 that they have offered $39 billion to acquire T-Mobile USA from Deutsche Telekom. However AT&T had a hard time getting through all of the legal hoops associated with the acquisition. This is what AT&T had to say about the government regulation:
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Categories AT&T, AT&T Inc., Deutsche Telekom, T-Mobile
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AT&T Considering Joint Venture With T-Mobile If Acquisition Falls Apart
After withdrawing their acquisition approval application from the FCC and having to deal with the U.S. Justice Department, AT&T Inc. (NYSE:T) is weighing what to do with T-Mobile. One idea is that AT&T and T-Mobile parent company Deutsche Telekom would team up for a joint venture by putting their infrastructure together.
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Categories AT&T, AT&T Inc., Deutsche Telekom, T-Mobile
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AT&T Approached MetroPCS, Leap, Sprint, and Dish Network To Sell Spectrum In Order To Protect T-Mobile Deal
AT&T Inc. (NYSE:T) has talked to several smaller rivals including MetroPCS Communications, Inc. (NYSE:PCS) and Leap Wireless International, Inc. (NASDAQ:LEAP) to sell spectrum and subscribers. This is in order to save AT&T’s acquisition of T-Mobile USA for $39 billion.
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Deutsche Telekom Starts Taking Pre-Orders For New iPhone
Although Deutsche Telekom (DT) does not know the release date or price of the new upcoming iPhone, they have started taking pre-orders as of today any way.
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Categories Apple iPhone, Deutsche Telekom
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U.S. Justice Department Attempting To Block AT&T and T-Mobile Merger
The U.S. Justice Department has filed a lawsuit to block AT&T Inc. (NYSE:T) to merge with T-Mobile. AT&T proposed a $39 billion acquisition of T-Mobile USA. The Justice Department believes that the acquisition of T-Mobile would “substantially lessen competition.” The complaint was filed in a federal court in Washington. “AT&T’s elimination of T-Mobile as an independent, low- priced rival would remove a significant competitive force from the market,” stated the U.S. in a filing.
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Categories AT&T, AT&T Inc., Deutsche Telekom, T-Mobile, US Department of Justice
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AT&T Promises Deutsche Telekom $6 Billion If T-Mobile Deal Gets Blocked
AT&T Inc. (NYSE:T) has made a huge financial break-up fee to Deutsche Telekom (DT) if government regulators prevent the $39 billion acquisition of T-Mobile USA. AT&T will pay $3 billion in cash, $2 billion in spectrum, and a $1 billion roaming agreement according to sources with Reuters. If AT&T is allowed to acquire T-Mobile, the combined company would be the leader in the U.S. mobile market above Verizon Wireless. [Reuters]
Categories AT&T, AT&T Inc., Deutsche Telekom, T-Mobile USA, Verizon Wireless
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AT&T To Acquire T-Mobile USA For $39 Billion
AT&T Inc. (NYSE:T) has announced plans to acquire T-Mobile USA for $39 billion in cash and stock from Deutsche Telekom. AT&T’s acquisition of T-Mobile would make them the largest carrier by a substantial amount.
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Categories AT&T, AT&T Inc., Deutsche Telekom, T-Mobile
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Cooliris Raises $9.6 Million In Series C
Cooliris is a multimedia browser plugin that lets you view photo and video content on the web in an appealing way. The company has raised $9.6 million in Series C financing from investors such as Kleiner Perkins Caufield & Byers, Deutsche Telekom subsidiary T-Venture, DAG Ventures, and The Westley Group. Cooliris has raised a total of $27.6 million in funding. Cooliris plans on using the new round of funding for strategic partnerships and product innovation. [TechCrunch]