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Deutsche Telekom

Sprint sues to block AT&T/T-Mobile merger

September 6th, 2011

Sprint announced on Tuesday that it has filed a lawsuit with a federal court in the U.S. District of Columbia in an effort to block AT&T’s planned $39 billion acquisition of T-Mobile USA from Deutsche Telekom. The suit is related to the Department of Justice’s lawsuit, which was filed on August 31st. “Sprint opposes AT&T’s …

iPhone 5 pre-orders now available at Deutsche Telekom

September 5th, 2011

Apple has yet to announce it’s fifth-generation smartphone, but that apparently won’t stop German carrier Deutsche Telekom from selling it. Bloomberg reported on Monday morning that it has confirmed with Deutsche Telekom that, beginning today, DT subscribers may begin reserving Apple’s next-generation iPhone 5 smartphone. The carrier will hand out coupons to customers who reserve …

Deutsche Telekom caught off-guard by DOJ’s move to block AT&T/T-Mobile deal

September 1st, 2011

The U.S. Department of Justice’s decision to file a lawsuit in an attempt to block AT&T’s planned $39 billion acquisition of T-Mobile USA caught Deutsche Telekom CEO Rene Obermann off-guard while he was meeting with a team of managers and his supervisory board, a board member told Bloomberg on Thursday. Deutsche Telekom, AT&T and T-Mobile …

T-Mobile loses 50,000 subscribers in Q2, reports revenue decline

August 4th, 2011

T-Mobile USA reported its second quarter results on Thursday and noted that it lost 50,000 subscribers during the quarter. That’s a drop, but it’s not as bad as the 93,000 customers the carrier lost during the year ago quarter or the 99,000 customers who left during the first quarter. T-Mobile also recorded $5.1 billion in …

AT&T files statement with FCC in support of T-Mobile acquisition

June 11th, 2011

On Friday, AT&T announced that it has officially filed a public statement with the Federal Communications Commission in support of its planned $39 billion acquisition of T-Mobile USA from Deutsche Telekom. AT&T argues five main pillars in its statement: The transaction will generate jobs and economic growth. The transaction will preserve and promote competition and …

Deutsche Telekom confirms $6 billion prenuptial agreement with AT&T

May 13th, 2011

It’s more like a pre-prenuptial agreement, but you get the idea. T-Mobile’s parent company, Deutsche Telecom, has confirmed that it stands to receive a $6 billion settlement from AT&T should the companies’ proposed merger fall through. According to DT, a $3 billion cash payment would be made along with additional spectrum and a national roaming agreement. While the …

AT&T to defend T-Mobile acquisiton in D.C. this week

May 9th, 2011

The Senate Judiciary Committee will meet on Wednesday to discuss AT&T’s proposed $39 billion acquisition of T-Mobile USA from Deutsche Telekom — and AT&T’s competitors won’t be sitting quietly. According to The Wall Street Journal, Sprint’s CEO Dan Hesse, Viktor Meena of Cellular South, and Larry Cohen, president of the Communications Workers of America (CWA), …

AT&T’s T-Mobile acquisition to receive in-depth Department of Justice investigation

May 3rd, 2011

The Department of Justice will perform an “in-depth” investigation of AT&T’s proposition to acquire T-Mobile USA, Reuters is reporting. Such an investigation comes as no surprise, as one FCC official assured the public on April 14th that the acquisition would get a thorough review from government antitrust and communications officials. Bloomberg says that the DoJ …

AT&T's T-Mobile acquisiton to get thorough review, FCC official says

April 14th, 2011

AT&T’s plans to purchase Deutsche Telekom-owned T-Mobile USA will get a thorough examination from government agencies, including antitrust and communications investigators, an FCC aide affirmed on Thursday. AT&T proposed the $39 billion deal on March 20th and a company spokesperson told Bloomberg that Ma Bell plans to file its official application to the Federal Communications …

Senate schedules hearing to review AT&T’s T-Mobile acquisition

April 8th, 2011

A United States Senate subcommittee on Friday announced that it will hold a hearing next month to review AT&T’s proposed acquisition of T-Mobile USA. The $39 billion deal, which has been strongly and publicly opposed by Sprint, would see AT&T once again become the nation’s top carrier by subscriber count. It would also give AT&T control of T-Mobile’s …