Search Results for: att t-mobile merger

Sprint tipped weighing T-Mobile US grab in 2014

Sprint tipped weighing T-Mobile US grab in 2014

Sprint is readying a potential bid for T-Mobile US, with the rumored acquisition tentatively scheduled for the first half of 2014, insiders claim, and possibly worth more than $20bn. The merger, which would see the third- and fourth-largest carriers in the US market join forces, is still being weighed up by Sprint, sources tell the WSJ, and is likely to come in for particularly close attention by the US Justice Department, which may well put the brakes on the deal.

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DISH reportedly approached Deutsche Telekom about a possible T-Mobile merger

DISH reportedly approached Deutsche Telekom about a possible T-Mobile merger

DISH Network Chairman Charlie Ergen had reportedly approached Deutsche Telekom about a possible merger between DISH and T-Mobile USA. According to Bloomberg's sources, DISH approached the company before it had approved an improved merger offer to MetroPCS. Deutsche Telekom said it might be interested in DISH's offer, however it will only consider it once its merger with MetroPCS closes.

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Adviser recommends MetroPCS shareholders vote against T-Mobile merger

Adviser recommends MetroPCS shareholders vote against T-Mobile merger

It looks like T-Mobile will be facing an uphill battle come April 12th. On April 12th, the shareholders will be voting on whether or not MetroPCS should form a merger with T-Mobile USA. T-Mobile needs the shareholders to vote for the merger in order to complete the deal. It has already received the go-ahead from the Department of Justice as well as the FCC. However, one proxy adviser is looking to make sure the deal doesn't go through.

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T-Mobile to layoff employees before MetroPCS merger, sources say

T-Mobile to layoff employees before MetroPCS merger, sources say

First news of the T-Mobile acquisition of MetroPCS surfaced back in October 2012. Thus began the long process of passing through government red tape before the deal could actually go through. Earlier today, we reported that the carrier has received a thumbs up from the Department of Justice to move forward with the merger. Now, according to sources, the next step will be a large number of layoffs at T-Mobile's headquarters.

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AT&T attacks T-Mobile in full-page newspaper ad

AT&T attacks T-Mobile in full-page newspaper ad

When you find out that AT&T put out an attack ad about a competing carrier, you're first guess is that they're probably going after Verizon, which is AT&T's biggest competition right now. However, it turns out that Ma Bell is going after the little guys in a new full-page newspaper ad that appeared in The New York Times, The Wall Street Journal, and USA Today.

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T-Mobile, MetroPCS merger may not close until Q2 2013

T-Mobile, MetroPCS merger may not close until Q2 2013

After a bunch of rumors, last week the merger between T-Mobile and MetroPCS became official. At the time, T-Mobile executives were saying that the merger would close sometime in the first half of 2013, and today, T-Mobile's parent company Deutsche Telekom is getting a little more specific about that window. In an interview with German newspaper Boersenzeitung (as reported by Reuters), Deutsche Telekom CFO Timotheus Hoettges said that money probably won't change hands until the second quarter of next year.

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AT&T blames failed T-Mobile merger for higher prices

AT&T blames failed T-Mobile merger for higher prices

Randall Stephenson, chairman and CEO of AT&T, has blasted the government's decision to block the merger with T-Mobile USA. Speaking at a conference, Stephenson says that ultimately the decision will lead to higher prices for consumers, and that the current amount of spectrum available can’t sustain the number of competitors in the wireless industry.

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FCC approves AT&T spectrum transfer to T-Mobile

FCC approves AT&T spectrum transfer to T-Mobile

The FCC has approved the transfer of AWS spectrum from AT&T to T-Mobile, who celebrated the news this morning with the announcement. The spectrum to be transferred is part of the breakup agreement between the two carriers for their ill-fated merger attempt. T-Mobile plans to use the new AWS spectrum for building out its own LTE network in 2013.

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