T-Mobile is gearing up to become a real challenger to the larger wireless carriers in the US. They just announced a new CEO, sold some tower rights to raise $2.4 billion, and now Bloomberg is reporting their parent company Deutsche Telekom is making a move to acquire MetroPCS. The ... Read More »
While addressing shareholders at the company’s annual meeting in Cologne, Germany, Deutsche Telekom CEO Rene Obermann told investors that a complete takeover of T-Mobile USA was out of the question after AT&T’s very public failed bid last year. Obermann did tell investors that it was considering all other options, including a potential merger of ... Read More »
As expected, the European Commission rendered their verdict on the pending merger between Google and Motorola Mobility, and the verdict brings good news for the Mountain View company. The European Commission was likely to be one of the biggest hurdles Googorola would need to overcome to get the deal approved, and Europe today officially ... Read More »
Most Tweeted This Week
Google shocked the tech world last year when they announced that they would acquire Motorola Mobility for $12.5 billion. Shareholders already approved the deal and many in the industry assume it will go through, but there are still a few hurdles left to clear before it becomes official. Motorola provided an update on ... Read More »
Now that the AT&T acquisition of T-Mobile ordeal has ended, many Magenta customers may be wondering what the future holds. We know T-Mobile is not doing too well; that was a major reason their parent company wanted to sell them.
It seems Deutsche Telekom will get pretty much all the money AT&T ... Read More »
AT&T issued a statement this afternoon announcing that AT&T and Deutsche Telekom have agreed to drop the merger bid, which had come under heavy scrutiny from the U.S. Government. AT&T and T-Mobile USA will agree to a roaming deal which will allow their phones to work on each other’s networks. In an official statement, AT&T ... Read More »
It’s becoming more and more clear that AT&T will not be allowed to buy T-Mobile USA outright. AT&T’s fourth quarter Hail Mary effort to save the deal involved selling off some of its assets to appease government opposition, including a potential selloff of customers and spectrum to Leap Wireless. The Wall Street Journal is reporting ... Read More »
If you blinked at our report on the AT&T-Mobile deal yesterday (you may have missed that over the Thanksgiving holiday weekend), AT&T put in a request to the FCC to withdraw its merger application. AT&T did this for several reasons. The two prominent reasons are the need to focus on the pending court case with ... Read More »
The proposed merger between AT&T and T-Mobile USA just gets more and more interesting. The deal has reached the point where AT&T will need to make several concessions if it is to have even a remote chance of success against a sea of litigation. This will include selling spectrum and customers to smaller, regional wireless ... Read More »
A new report out of the Financial Times today sheds some light on what analysts think of the T-Mobile AT&T merger, and it isn’t good.
According to the report, a large number of analysts put the probability of the deal passing at under 50%, with some going as low as 20%. No one ... Read More »