T-Mobile Considers Sale of US Unit
Jul 5, 2005, 1:04 AM by (staff)
Deutsche Telekom is considering selling off their US unit, T-Mobile USA, the Wall Street Journal reported Monday. Although the US unit is one of the fastest growing T-Mobile divisions, the high cost of a looming network upgrade is making DT consider their options before making such a large investment. If DT chooses to sell T-Mobile USA, many are predicting Vodafone as the most likely suitor. Vodafone claims they have no interest in T-Mobile, however they said the same thing about AT&T Wireless, yet bid fiercely for the network. If DT decides to keep the network, they could float an IPO for the US division to fund the 3G upgrade, or they could choose to forgo the upgrade and become a low-cost, voice-centric carrier. Sources say DT will decide what to do with T-Mobile USA by the end of 2005. Update: Duetsche Telekom is denying the rumors are true. However it is standard practice for companies to deny rumors of a sale until the decision is public.
Comments
I know!
Ok, in all seriousness, this rather stinks since I jumped the Cingular ship in January and moved to T-Mobile with the A630. I just hope that if DT does sell T-Mobile, the user base isn't cast adrift ala the AT&T folks in the Cingular buyout have been.
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Rich = Scooped! :)
Interesting article. With T-Mobile's subscriber growth slowing consideribly, I'm sure it cost the german government quite a bit to continue to operate it.
The thing with this article, is that it ONLY notes one of Verizon's parents Vodafone as a potential buyer.
C'mon Cingular!!! I know you just spent 41 billion but drop another 30 and put so much room between you and everyone else it isn't even a contest.
Could you imagine Cingular with almost every GSM subscriber in the US? How massive their network would be then? C'mon SBC and Bellsouth, pony up! Git er done! Do this!
I think I can live with all of the annoying T-Mobile fan boys (so long as the annoying T-Mobile "...
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hot_md_guy said:...
http://news.yahoo.com/s/nm/20050704/bs_nm/telecoms_d ... » ...
Interesting article. With T-Mobile's subscriber growth slowing consideribly, I'm sure it cost the german government quite a bit to continue to operat
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What's with the "scooped" nonsense? Are you complaining because we observed Independence Day properly, with a beer, burger, and watching stuff explode, instead of sitting in front of a computer? We need a holiday, too...
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People bashed me we I hinted at this earlier
In this thread I hinted at just this...
DTK should just sell of it's US operations and focus on europe.. then I get flamed!
I don't know why you think it would be over if they did not have 3g within the next year...
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unwiredone said:
https://www.phonescoop.com/news/discuss.php?fm=m&ff= ... »
In this thread I hinted at just this...
DTK should just sell of it's US operations and focus on europe.. then I get flamed!
...
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AFX News Limited
Deutsche Telekom not interested in selling T-Mobile USA - report
07.05.2005, 04:25 AM
FRANKFURT (AFX) - Deutsche Telekom AG has no intention of selling its US mobile phone unit T-Mobile USA, Ger...
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my view on this matter.........
voicestream was bought out by DT for approx 48 billion dollars in 2001, and the name was changed to tmobile as you guys know...
according to cnbc, david faber said that dt wants to sell the company for about 30 billion dollars. whats funny is that if that is the case, then they lost about 18 billion in about 4 years, which is a terrible thing.
they still has to upgrade to a 3g technology, plus they still need to increase their pops and coverage in many many areas.
the problem is now, is who will be the buyer or a struggling company who still has to upgrade to 3g?
will ntt?
will vodaphone?
will anyone else?
we already know vodaphone wont. (they said ...
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nextel18 said:...
i dont think its a wise decision for DT to be selling tmobile usa...
voicestream was bought out by DT for approx 48 billion dollars in 2001, and the name was changed to tmobile as you guys know...
according to
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Another interesting article i found
About Time
Although it seems that T-mo is defin...
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dont be harsh
Is this a cell phone page or a business 101 class?
Can Vodafone compete against Verizon
pauldg said:...
Since vodafone has joint stake in Verizon Wireless, can they ethically purchase a competitor of theirs, don't they have some sort of obligation not to compete with V.W.? they wouldn't merge the network with v.w.(v.w.
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This what might happen
https://www.phonescoop.com/news/item.php?n=412 »
It's no secret that Vodafone has wanted in the US market for a long time. Their interest in AT&T was undeniable proof. I don't feel they have any loyalty to the big red checkmark.
They will definitly l...
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WSJ Link Bad?
it looks like you emailed the page to yourself and dats a nono.............
Fixed.
Although of course most people won't be able to see the article, but that's the WSJ... âšī¸