Wow! Talk about a surprise (and depending on where you live, a not so happy one). Today via press release, AT&T announced that they have reached a deal with Deutsche Telekom to purchase T-Mobile USA for $39 billion — $25 billion in cash and $14 billion in stock giving Deutsche Telekom an 8% stake in AT&T. According to AT&T’s press release, they look to expand their LTE footprint with T-Mobile’s AWS 1700MHz band along with their own 700MHz...
For better or worse, “exclusive” business deals with between wireless carriers and 3rd party businesses are a fact of life. In some cases, they work out pretty well. In others, not so much. Much like the Verizon-Bing deal, T-Mobile has a newfound friend itself, in Google. Parent company Deutsche Telekom has gone ahead with releasing the stipulations of the new deal, save for any details involving monetary exchange. Specifically, all T-Mobile Europe phones...
Coming last place can get old after awhile. Perhaps that’s what’s fueling T-Mobile’s motivations to actively search for a new U.S. partner if reports from Reuters are to be believed. Currently ranked 4th out of the “Big 4″ US cellular providers (Verizon Wireless, AT&T, Sprint, & T-Mobile), T-Mobile has for some time now been trying to recoup lost ground and push itself ahead of it’s rivals. Part of pushing ahead is expanding...
The back and forth movement of T-Mobile USA’s statements in regards to their 4G plans is enough to give most people whiplash. First they’re holding off, instead employing HSPA+ as a nice speed bump along the way. Next minute they’re (their parent company, Deutsche Telekom more precisely) making deals to light 4G services with Clearwire and Metro PCS. Clearwire whom has been cited saying that they needed more money to continue the rollout of 4G services,...
I’m sure many of you can remember back to the good ‘ol days of the AT&T/Bell monopoly. They got big, then broken down, repeat, repeat. Here we are in 2009 and AT&T is growing ever larger (again) and another large acquisition is coming to light. The latest reports have Deutsche Telekom eying a potential purchase of Sprint. First off, the GSM/CDMA compatibility is a big hurdle. Now you have two completely different technologies to watch after. ...
