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The Lead

FirstNews Briefs: IBM, Peugot, Ravello, Deutsche Telekom, Axell, Daintree, LG

March 25, 2014 10:17 am | by Wireless Week Staff | News | Comments

IBM and Peugot will integrate and analyze data from cars, phones, traffic signals, lights and other sources to deliver new customized solutions for drivers. Peugot automobiles will now be able to provide drivers with access to numerous channels such as mobile apps, websites, vehicle data, customer service, weather updates.

FirstNews Briefs: Xamarin, Samsung, mopay, Deutsche Telekom, Wi-Sun Alliance, RADWIN

March 17, 2014 9:44 am | by Wireless Week Staff | News | Comments

Xamarin, a provider of mobile application development solutions, today announced a new...

Deutsche Telekom CEO Predicts Tough Time for T-Mobile in Spectrum Auctions

March 13, 2014 12:05 pm | by Ben Munson | News | Comments

Deutsche Telekom CEO Timotheus Hoettges anticipates T-Mobile will have trouble competing with...

DOJ Signals More Reluctance to Bless Sprint, T-Mo Merger

January 31, 2014 10:42 am | by Andrew Berg | News | Comments

In remarks made Thursday to the New York Bar Association, Assistant Attorney General of the...

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Legere Says Sprint Merger would Help T-Mobile Compete

January 27, 2014 11:00 am | by Andrew Berg | News | Comments

T-Mobile CEO John Legere said a merger of his company with the Softbank-held Sprint could put more pressure on what he called the "duopoly" of AT&T and Verizon. Legere told Bloomberg that T-Mobile would eventually need more spectrum and other resources to compete with larger rivals and that merging with Sprint...

Banks Ready to Fund Sprint Bid for T-Mobile

January 17, 2014 9:42 am | by Andrew Berg | News | Comments

With shares of T-Mobile having risen over 25 percent in a little over a month, the fourth largest carrier is becoming less of bargain lately. That said, Sprint has apparently received proposals from multiple banks willing to finance a bid for T-Mobile, according to a report from the Wall Street Journal. 

Report: Sprint Preparing Financing for T-Mobile Bid

December 20, 2013 12:44 pm | by Andrew Berg | News | Comments

Sprint appears to be moving ahead with a possible offer to buy T-Mobile USA from German operator Deutsche Telekom. According to a report in the Wall Street Journal, Sprint and 80-percent stakeholder Softbank have lined up at least a half dozen banks to provide financing for what could be a $20 billion deal. 

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First News Briefs: Deutsche Telekom, Un-Blinking, Qualcomm, Straight Talk, Synchronoss

December 9, 2013 10:58 am | by Wireless Week Staff | News | Comments

Deutsche Telekom and Telematics provider Un-Blinking Technologies (a division of SkyTrace Inc.) have launched a vendor-independent machine-to-machine (M2M) solution for vehicles in the USA based on iCar. This telemetry solution creates an intelligent car with functionality tailored to the needs of both car dealers and their customers.

DT Acquires GTS Central Europe for $745M

November 12, 2013 9:48 am | by Andrew Berg | News | Comments

T-Mobile USA's parent company, Deutsche Telekom (DT), has agreed to acquire GTS Central Europe ("GTS") for $745 million. GTS is an infrastructure-based telecommunications service provider in Central and Eastern Europe, which DT says will allow it to offer pan-European telecommunication services...

DT to Offer $3.1B in T-Mo Bonds

October 8, 2013 11:01 am | by Andrew Berg | News | Comments

Deutsche Telekom (DT) Tuesday filed with the SEC its intention to offer $3.1 billion in T-Mobile USA bonds. The company will offer two series of $1.25 billion each and one of $600 million to make the total amount. The first round of $1.25 billion in senior notes...

First Firefox Phones Coming Soon to Deutsche Telekom, Telefonica

July 1, 2013 9:49 am | by Ben Munson | News | Comments

Firefox today announced the imminent arrival of the Alcatel One Touch Fire and the ZTE Open, the first two phones running Firefox’s operating system, will be coming soon to Deutsche Telekom (DT) and Telefónica. Telefónica revealed this morning that the ZTE Open will be available starting July 2 and will be priced at 69 euros (approximately $90).

Report: SoftBank Could Buy Deutsche Telekom’s Stake in T-Mobile

June 7, 2013 4:33 pm | by Ben Munson | News | Comments

SoftBank might be interested in buying Deutsche Telekom’s (DT) 74-percent stake in T-Mobile USA, if the Japanese carrier’s $20.1 billion bid for Sprint falls through. Reuters is citing three sources familiar with the situation saying that the talks—a continuation of preliminary negotiations between SoftBank and DT that began last year—have recently ramped up in light of Dish’s competing bid of $25.5 billion for Sprint.

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T-Mo's Merger with MetroPCS Complete, Now Trading on NYSE

May 1, 2013 9:59 am | by Andrew Berg | News | Comments

Deutsche Telekom today announced the completion of the merger of T-Mobile USA and MetroPCS Communications. T-Mobile will also debut this morning on the New York Stock Exchange under the symbol TMUS. As previously announced, the company's board will have 11 members, including...

Approved: MetroPCS Shareholders OK T-Mobile Merger

April 24, 2013 10:54 am | by Ben Munson | News | Comments

MetroPCS shareholders have voted to approve a merger with T-Mobile. The approval comes after T-Mobile parent company Deutsche Telekom (DT) sweetened the offer by reducing the amount of debt the combined company would shoulder. In a statement, DT CEO René Obermann said “The merger with MetroPCS is extremely important, since it enables us to be more aggressive in the USA.”

MetroPCS’s Biggest Investor Now Backs T-Mobile Merger

April 12, 2013 9:59 am | by Ben Munson | News | Comments

After Deutsche Telekom (DT), the parent company of T-Mobile USA, announced yesterday it was sweetening its offer to acquire MetroPCS, Paulson & Co., a hedge fund holding approximately a 9.9 percent share of MetroPCS, has now decided to vote in favor of the merger.

MetroPCS Vote Delayed for Consideration of Deutsche Telekom’s Revised Offer

April 11, 2013 10:42 am | by Ben Munson | News | Comments

An upcoming special meeting of MetroPCS shareholders has been rescheduled for April 24 in order to give voters a chance to mull over Deutsche Telekom’s (DT) improved terms of the proposed merger of MetroPCS and T-Mobile USA. In a press release, MetroPCS said the decision to postpone the meeting was made mutually between it and DT.

Deutsche Telekom Could Delay Final Tally in T-Mobile, Metro Vote

April 10, 2013 9:51 am | by Ben Munson | News | Comments

Deutsche Telekom (DT) could potentially halt the final tally of the shareholder vote to approve the T-Mobile-MetroPCS merger if things don’t appear to be swinging in its favor. A Bloomberg report is citing people familiar with the matter as saying the delay could provide DT a chance to sweeten its bid.

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MetroPCS Responds to ISS Merger Concerns

April 1, 2013 11:21 am | by Andrew Berg | News | Comments

In a letter to investors, MetroPCS today reiterated its call for shareholders to approve the proposed combination with T-Mobile USA. The letter comes after Institutional Shareholder Services Inc. (ISS), a proxy adviser firm, last week advised MetroPCS...

T-Mobile, MetroPCS Clear Final Regulatory Hurdle

March 21, 2013 9:33 am | by Ben Munson | News | Comments

The U.S. Committee on Foreign Investment has given its blessing to the proposed merger of T-Mobile and MetroPCS. The deal has now received all necessary regulatory approval. The Committee concluded that there were no “unresolved national security concerns” in respect to the merger.

T-Mobile, MetroPCS Announce Board for Combined Company

March 20, 2013 10:30 am | by Ben Munson | News | Comments

T-Mobile USA and MetroPCS have released a list of the 11 members who will serve on the combined companies’ board of directors upon completion of their proposed merger. Timotheus Höttges, the current CFO of Deutsche Telekom AG, will serve as Chairman. Rene Obermann, who will step down as CEO of DT in December, will also serve on the board.

MetroPCS Urges Shareholders to Follow FCC's Lead and Approve T-Mo Merger

March 12, 2013 2:51 pm | by Andrew Berg | News | Comments

Reports that surfaced earlier Tuesday claiming the FCC was nearing a favorable decision on the merger of T-Mobile USA and MetroPCS proved accurate. The FCC Tuesday afternoon issued a declaratory ruling approving the transaction...

More Objections to T-Mo, MetroPCS Deal, but FCC May Be Close to Approval

March 12, 2013 10:17 am | by Andrew Berg | News | Comments

The FCC may be looking to approve Deutsche Telekom's proposed merger of its T-Mobile USA subsidiary and MetroPCS. According to a filing with the FCC by the Communication Workers of America (CWA), which vehemently opposes the merger, the FCC may be seeking an order...

Deutsche Telekom CEO Obermann to Leave for Ziggo

March 7, 2013 2:07 pm | by Andrew Berg | News | Comments

Deutsche Telekom CEO Rene Obermann is jumping ship to become the CEO of Ziggo, a communications company that provides telephony, data communications and electronic payment systems solutions for small and large business markets. In a statement, Ziggo said its board has agreed...

Paulson to Vote Against T-Mobile-MetroPCS Merger

March 1, 2013 11:05 am | by Ben Munson | News | Comments

Paulson & Co., an investment firm owning a 9.9 percent stake in MetroPCS, has said it will vote against the carrier’s proposed merger with T-Mobile. In a letter to the boards of both MetroPCS and Deutsche Telekom AG, the parent company of T-Mobile, Paulson cited high debt, high interest rates and high equity risks for MetroPCS shareholders as the reasons for its decision to vote no.

Deutsche Telekom CEO Obermann Resigns, CFO Höttges to Succeed

December 21, 2012 8:52 am | by Ben Munson | News | Comments

Deutsche Telekom CEO René Obermann's request for termination of his contract has been approved by the company's board, according to a statement released on its website. As of Dec. 31, 2012, Obermann will no longer serve as CEO and CFO Timotheus Höttges has been tapped to take his place.

T-Mobile Posts Steep Postpaid Losses, Sales Slump

November 8, 2012 6:02 am | by Maisie Ramsay | News | Comments

T-Mobile USA's turnaround plan stumbled during the third quarter as postpaid customers flocked to competitors and sales declined.

Legere Appointed as New T-Mobile CEO

September 19, 2012 6:48 am | by Andrew Berg | News | Comments

Deutsche Telekom on Wednesday announced that it has appointed John Legere as the new CEO of its T-Mobile USA business unit.

DT: T-Mobile Sell-Off ‘Unlikely’

May 24, 2012 7:19 am | by Maisie Ramsay | News | Comments

Deutsche Telekom's CEO has all but ruled out a second attempt to sell off T-Mobile USA to another operator.

T-Mobile USA to Cut 900 More Jobs

May 16, 2012 7:35 am | by Maisie Ramsay | News | Comments

T-Mobile USA is handing pink slips to 900 more employees in its second round of layoffs since March, when its CEO warned that more cuts could be in store.

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