Deutsche Telekom Holding On To American Unit
Sep 16, 2005, 1:17 PM by (staff)
Deutsche Telekom today confirmed an earlier statement that they would not sell T-Mobile USA. The German parent was supposedly looking for buyers this spring but decided against the sale. Although it is now the smallest Tier 1 carrier in the US, T-Mobile USA is one of Telekom's fastest growing units in both subscribers and income. Telekom also stands by their earlier commitment of $2 billion for the unit to spend on next year's 3G spectrum auctions. They recently spent $235 million on spectrum in the NextWave auctions.
Comments
Tmobile has 3g
https://www.phonescoop.com/news/item.php?n=1357 »
Nextel18 why don't you get your facts straight before talking trash or STFU.
this was in 2004, but it serves the point...
http://www.engadget.com/entry/1234000680023247/ »
"T-Mobile USA says no 3G until 2007"
"S...
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Not sure if thats the wise thing to do....
some snip its from the article...
"Deutsche Telekom management has long debated whether to sell T-Mobile USA, merge it with another U.S. wireless operator or keep it and continue to invest billions of dollars in its network.
As recently as May, Deutsche Telekom Chief Executive Kai-Uwe Ricke was floating the idea to investors of selling the U.S. operation, but he decided against it, partly because the response was negative.
Some top Deutsche Telekom executives have argued the company should sell T-Mobile USA and use the proceeds to make acquisitions in Europe instead of spending as much as $10 billion during the next few years to build a faster network in the U.S.
But the brokerag...
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nextel18 said:...
http://www.cellular-news.com/story/14080.php »
some snip its from the article...
"Deutsche Telekom management has long debated whether to sell T-Mobile USA, merge it with another U.S. wireless operator or keep it
(continues)
Kick rear-end
Excellent news...