Results for "t-mobile merger"

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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T-Mobile announces restructuring and more job cuts

T-Mobile announces restructuring and more job cuts

T-Mobile CEO Philip Humm issued a memo today, announcing some "difficult decisions" in restructuring the company that will involve more layoffs. The struggling carrier had recently cut 1900 jobs and closed 7 call centers, following its failed AT&T merger. Now a new round of job cuts will ensue with notifications to be sent out this week to affected employees.

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T-Mobile turns down Verizon’s 700MHz spectrum sale

T-Mobile turns down Verizon’s 700MHz spectrum sale

Verizon's proposed purchase of $3.9 billion worth of US wireless spectrum formerly reserved for over-the-air cable broadcasts is not sitting well with competitor T-Mobile, as they've said before. Today T-Mobile CEO Philipp Humm made it clear in no uncertain terms that the company wasn't interested in the bands that Verizon proposed to sell as a concession for its acquisition of prime wireless real estate in the AWS spectrum. Humm has already met with the FCC to express his displeasure.

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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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AT&T blames FCC for T-Mobile job cuts

AT&T blames FCC for T-Mobile job cuts

AT&T has issued a statement blaming the FCC for the T-Mobile job cuts announced yesterday. T-Mobile will be shutting down 7 call centers and laying off 3,300 employees, although it will be creating 1,400 new positions at the remaining call centers. AT&T exec Jim Cicconi believes that the cutback would not have been necessary had the FCC approved the $39 billion merger between AT&T and T-Mobile.

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