T-Mobile has been responsible for seriously shaking up the American cellular carrier for the last couple of years, disrupting nearly every area from contracts to phone subsidies to data sales models. So hearing that T-Mo's parent company Deutsche Telekom may be interested in selling it off is somewhat alarming. Hearing that they may be interested in selling to Comcast, quantifiably one of the most despised companies in the entire country, is like watching that head-crushing scene from Game of Thrones all over again. Read More
It's easy to forget, but T-Mobile USA is still owned by German firm Deutsche Telekom. In a recent speech given at the DLD conference in Munich, Germany, DT CEO Tim Höttges said that T-Mobile's un-carrier promotions won't be enough to keep T-Mobile going. The only long-term solution, apparently, is a merger.
Previously, we'd heard rumors and whispers that T-Mobile (by way of its parent company Deutsche Telekom) would be acquiring MetroPCS. Today, both companies' boards have approved the merger and, pending regulatory and MetroPCS shareholder approval, the deal should be completed by mid-2013. The two companies will have a combined subscriber base of about 42.5 million customers, which still leaves it in fourth place in the U.S. behind Sprint with 56 million and AT&T/Verizon who each have over 100 million users. Read More
It's official: AT&T-Mobile will not be happening any time soon. AT&T, the US's second-largest wireless carrier and all-around communications mega-corporation, after months of attempting to convince consumers and federal agencies alike that the deal was going to be good for everyone, has given up its plans to purchase T-Mobile, a division of Deutsche Telekom.
As part of the cancellation, AT&T will pay DT a $4 billion accounting fee to get out of its contract, as well as expand roaming agreements with the company (where, when, and for what purpose was not stated). Read More