Results for "t-mobile merger"

T-Mobile wants $1 billlion if proposed merger fails

T-Mobile wants $1 billlion if proposed merger fails

If the proposed merger between T-Mobile and Sprint fails to pass the watchful eye of the FCC, T-Mobile parent company Deutsche Telekom wants to cash in. A new report suggests the German company wants $1 billion or more from Sprint should the takeover/merger fall flat. Furthermore, Deutsche Telekom is seeking to keep key T-Mobile figures in place, as well as the brand they’ve worked so hard to build.

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T-Mobile MetroPCS merger confirmation allows final close by month’s end

T-Mobile MetroPCS merger confirmation allows final close by month’s end

This afternoon the official word from both Deutsch Telekom and T-Mobile USA has been sounded off, this pushing past earlier leaked news reports suggesting the news: the T-Mobile-MetroPCS combination has been approved. This approval comes at the hands of the stockholders of MetroPCS, this being essentially the last major step needed to be taken before the merger deal was finalized.

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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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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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T-Mobile CEO speaks on MetroPCS merger as “a deal to thrive”

T-Mobile CEO speaks on MetroPCS merger as “a deal to thrive”

Earlier today T-Mobile and MetroPCS announced that they'd reached a deal that would lead to them merging together to create a brand new publicly traded company, and this afternoon, T-Mobile's CEO John Legere has released a video explaining the deal. What he lets the public know - and perhaps more importantly here the employees of both companies and the investors and boards of both companies know - is that this is an entirely positive move. Perhaps the most important sentence in the entire presentation reads: "This isn't a deal to survive - it's to thrive."

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T-Mobile MetroPCS merger tips LTE rollout on AWS

T-Mobile MetroPCS merger tips LTE rollout on AWS

If you're thinking that T-Mobile will be grabbing one whole heck of a lot of LTE now that MetroPCS has joined the team, you'd be right - sort of. What the team has announced today is that should their merger work out, they'd be turning off MetroPCS's 1XCDMA network by the end of 2015 with sharing occurring between them and T-Mobile amounting to at least 50Mhz of wireless spectrum in key cities across the USA. With the spectrum they share, T-Mobile and MetroPCS would begin rolling out a "20x20" LTE network that'd be potentially twice as fast as Verizon's network.

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T-Mobile MetroPCS merger tipped

T-Mobile MetroPCS merger tipped

After the hassle that T-Mobile went through during the bungled AT&T acquisition proposition, one might think the company is sour on the idea of mergers right now. But then again, it ended up getting billions of dollars in a concession deal with AT&T and it didn't even have to give up anything, so it's not all bad. Nevertheless, T-Mobile's subscription numbers are way down and now it's looking for something to give itself a huge jolt to get back in the game.

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T-Mobile USA CEO Sends Out Internal Memo to Keep Spirits High in light of possible AT&T Merger Block

T-Mobile USA CEO Sends Out Internal Memo to Keep Spirits High in light of possible AT&T Merger Block

As you may or may not know, for quite a few weeks now T-Mobile and AT&T have been in dealings leading to what they hope will be a merger between them - what we're seeing this week is that the Department of Justice here in the USA has filed a lawsuit that would block the merger in U.S. District Court. You can read all about the case from the AT&T side in a post from yesterday, then you can head below and see how T-Mobile feels about the situation via an internal e-mail sent by the CEO of the T-Mobile USA group to employees. What you'll find is similar sentiments to the AT&T crew, surprise at the lawsuit, vows to fight back, and a call to build on the positive momentum the T-Mo has reportedly built in the past few months.

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Virgin Mobile Takes on T-Mobile AT&T Merger with Sexy Sparah Party Video

Virgin Mobile Takes on T-Mobile AT&T Merger with Sexy Sparah Party Video

It's time for Virgin Mobile's "Sparah" to take on T-Mobile and AT&T in an advertisement that not only paints the stark white backgrounds of T-Mobile, AT&T, Apple, and etcetera commercials black, they take T-Mobile and AT&T's characters down with them. Sparah is the name of Virgin Mobile USA's summer 2011 marketing campaign, one in which two supposed complete strangers have been lifted from obscurity to be manufactured into a celebrity couple to promote Virgin Mobile - Spencer Falls and Sarah Carroll. Apparently they're very popular and everyone in the celebrity world hates them or loves them or some combination of the two - now they're coming down on T-Mobile and AT&T with some sweet video action.

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