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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T-Mobile closing 7 call centers, cutting 1,900 jobs

T-Mobile closing 7 call centers, cutting 1,900 jobs

T-Mobile had somber news for employees today announcing plans to close down 7 of its 24 call centers, eliminating 1,900 jobs nationwide with more job cuts likely to come. The consolidation of its call centers is expected to complete by the end of June and the cost savings is aimed at diverting more funds towards its $4 billion network upgrade to 4G LTE.

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