Results for "t-mobile merger"

MetroPCS encourages shareholders to vote for amended T-Mobile offer

MetroPCS encourages shareholders to vote for amended T-Mobile offer

MetroPCS is once again encouraging its investors to vote in favor of its upcoming merger with T-Mobile, especially now that Deutsche Telekom has improved its offer terms. The improved terms reduces the amount of debt the merged companies would have to pay back by $3.8 billion. It also reduces the debt's interest rate by 0.5%. DK also promised that it won't be selling shares of the combined company for at least 1 year.

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Deutsche Telekom approves improved merger offer for MetroPCS

Deutsche Telekom approves improved merger offer for MetroPCS

It looks like Deutsche Telekom has revised its merger offer for MetroPCS to make it more appealing. There's only 2 days left before MetroPCS's shareholders decide whether or not the prepaid wireless carrier will be joining forces with T-Mobile USA. According to The Wall Street Journal, Deutsche Telekom approved a much better bid in order to convince MetroPCS shareholders to vote in favor of the merger.

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T-Mobile 4G LTE event planned for March 26th

T-Mobile 4G LTE event planned for March 26th

Invites have been sent for a March T-Mobile event that will undoubtedly unleash a pack of information surrounding not only their upcoming 4G LTE network launch, but a set of exciting new services as well. With New York set as the event location, we're guessing - and we're pretty confident - that the Empire State or at least the Big Apple itself will be home to some turned-on speeds for mobile users throughout the city. Earlier today it was also confirmed that T-Mobile-carried Galaxy Note II devices will be updated with 4G LTE connectivity availability this week.

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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 deal faces Sprint counter-offer threat

T-Mobile MetroPCS deal faces Sprint counter-offer threat

MetroPCS could be the target of a bidding war, with wireless industry whispers that Deutsche Telekom's bid to merge the carrier with T-Mobile USA may face a challenge from another US network. Although the agreement with Deutsche Telekom has already been announced as in incipient merger, a trio of sources speaking to Bloomberg claim ailing rival Sprint is weighing a counter-bid that could be submitted as early as next week.

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Ex-CEO of T-Mobile USA Philipp Humm to join Vodafone

Ex-CEO of T-Mobile USA Philipp Humm to join Vodafone

Yesterday, T-Mobile USA announced that its CEO Philipp Humm had suddenly resigned from the company. At the time, T-Mobile said Humm was leaving to spend more time with his family, but also mentioned that he would be pursuing a career outside of Deutsche Telekom. Reuters now reports that Humm has joined Vodafone to become the chief executive of northern and central Europe starting from October 1st.

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