T-Mobile|MetroPCS

Deutsche Telekom in €6bn loss on US deal

Location:
Deutsche Telekom AG, Friedrich-Ebert-Allee 140, Bonn, 53113, Germany
Recommendation:
1

Deutsche Telekom has been pushed into a €6.9 billion net loss after an impairment charge resulting from the merger of its US operations with MetroPCS.

MetroPCS's Profit More Than Doubles

Location:
MetroPCS, 2250 Lakeside Blvd, Richardson, TX, 75082, United States
Recommendation:
1

MetroPCS’s third-quarter earnings more than doubled as the prepaid wireless-service provider posted higher revenue and saw a $53 million gain from a securities settlement.

FCC Sets Pleading Cycle for T-Mobile/MetroPCS Merger

Location:
Federal Communications Commission (FCC), 445 12th Street SW, Washington, DC, 20554, United States
Recommendation:
3

Deutsche Telekom AG, T-Mobile USA, and MetroPCS Communications have filed applications seeking Federal Communications Commission consent to the transfer of control of Personal Communications Service licenses and leases, one lower 700 MHz license, as well as international 214 authorizations, held by MetroPCS and its wholly-owned and controlled subsidiaries and by T-Mobile and its wholly-owned and controlled subsidiaries to a newly combined entity. Interested parties must file petitions to deny no later than November 26, 2012. Persons and entities that file petitions to deny become parties to the proceeding. They may participate fully in the proceeding, including seeking access to any confidential information that may be filed under a protective order, seeking reconsideration of decisions, and filing appeals of a final decision to the courts. Oppositions to such pleadings must be filed no later than December 6, 2012. Replies to such pleadings must be filed no later than December 17, 2012. All filings concerning matters referenced in this Public Notice should refer to WT Docket No. 12-301 and reference the specific file numbers of the individual applications to which the filings pertain.

Deutsche Telekom CEO Said to Hand Off Oversight of US Unit

Location:
T-Mobile, 12920 SE 38th St, Bellevue, WA, 98006, United States
Recommendation:
1

Deutsche Telekom AG Chief Executive Officer Rene Obermann plans to hand off responsibility for the US unit so he can focus on boosting sales outside traditional phone services, according to a person familiar with the matter.

T-Mobile Asks FCC to Approve Merger With MetroPCS

Location:
Federal Communications Commission (FCC), 445 12th Street SW, Washington, DC, 20554, United States
Recommendation:
3

The merger of Deutsche Telekom AG’s T-Mobile USA with MetroPCS Communications will increase competition with larger rivals and benefit consumers, the companies said in a regulatory filing.

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Another Week, Another Wireless Deal

It is not every week that we focus on consolidation of ownership in the wireless industry. OK, you are right, frequent reader, it is almost every week. On October 15, Sprint Nextel announced that it had agreed to sell 70 percent of itself to SoftBank of Japan for $20.1 billion. SoftBank, a big Japanese telecommunications company, said it would pay $8 billion to buy newly issued Sprint stock worth about $5.25 a share. It will then pay $12.1 billion to buy existing stock from other investors at $7.30 a share, a premium to current levels. The parties hope to close the deal – after gaining approval from regulators and Sprint shareholders – in the middle of 2013.

Softbank CEO Won't Rule Out MetroPCS Bid

Location:
MetroPCS, 2250 Lakeside Blvd, Richardson, TX, 75082, United States
Recommendation:
2

The chiefs of Softbank and Sprint Nextel are focused on closing their $20 billion deal, but said they may pursue mergers with other wireless carriers if opportunities present themselves.

How Antitrust Enforcement And Pro-Competitive Regulation Encourage Investment, Innovation, and Spectrum Efficiency

Location:
Federal Communications Commission (FCC), 445 12th Street SW, Washington, DC, 20554, United States
Recommendation:
2

In the past month, to the complete surprise of just about every analyst and industry watcher, foreign investors spent the equivalent of $25 billion to invest in competing carriers T-Mobile and to acquire control of Sprint and ClearWire. AT&T has announced a whole bunch of network upgrades such as repurposing its 2G spectrum, clearing up the interference in the WCS band, and a seemingly endless stream of license acquisitions. While the last is perhaps not so unusual, U.S. Cellular has likewise been spending money to cobble together a broader footprint using the less—than—stellar—but—better—than–nothing 700 MHz A block. Quite a turnaround from the start of 2011, when the industry appeared on a glide-path for a duopoly. So what happened?

FCC Opens Docket For Proposed Transfer Of Control Of MetroPCS To Deutsche Telekom

Location:
Federal Communications Commission (FCC), 445 12th Street SW, Washington, DC, 20554, United States
Recommendation:
2

On October 3, 2012, Deutsche Telekom and MetroPCS announced an agreement under which T-Mobile USA, an indirect wholly-owned subsidiary of Deutsche Telekom, and MetroPCS will be combined. Applications seeking Federal Communications Commission consent to the transfer of control of the licenses and authorizations held by MetroPCS and its wholly-owned and controlled subsidiaries and by T-Mobile and its wholly-owned and controlled subsidiaries are expected. The purpose of this public notice is to announce the opening of a docket, WT Docket No. 12-301, and establish the ex parte status of discussions related to the proposed transaction.

How the T-Mobile/MetroPCS merger affects you, the consumer

Location:
T-Mobile, 12920 SE 38th St, Bellevue, WA, 98006, United States
Recommendation:
2

If all goes according to Deutsche Telekom’s plan, T-Mobile USA and MetroPCS will become one sometime in the second quarter of 2013. A lot has to happen between now and then: the MetroPCS board needs to vote and the Federal Communications Commission and the Department of Justice need to weigh in. Assuming this deal gets blessed, what implications does the combined company (“T-Metro”) have for its customers?

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