Deutsche Telekom ends 'global player' strategyDeutsche Welle - 21 Mar, 2011Bye-bye T-Mobile USA, bye-bye 'global player' strategy. Deutsche Telekom plans to offload its troubled US business unit to AT&T so it can focus on its European operations, starting with its home market. It's been a long, tough and, above all, ... |
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Should the Dept. of Justice and the FCC approve the AT&T/T-Mobile merger?Wall Street Journal - 21 Mar, 2011AT&T said it was buying T-Mobile USA from Deutsche Telekom for $39 billion in cash and stock, a move that would create the nation's largest wireless carrier and shift the competitive landscape of the US industry. Should the US government approve the ... |
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AT&T to buy T-Mobile for $39 bn, set to become No. 1 telco in USHindustan Times - 21 Mar, 2011AT&T announced on Sunday that it had agreed to buy T-Mobile US from Deutsche Telekom for $39 billion, in a deal that would create the largest carrier in the nation and promised to reshape the industry. The transaction â" one of the largest since the ... |
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Europe shares hit one-wk high; telcos gain on M&AReuters - Harpreet Bhal - 21 Mar, 2011LONDON, March 21 (Reuters) - European stocks hit a one-week high on Monday, led by telecoms after Deutsche Telekom sold its T-Mobile USA unit for $39 billion, with analysts expecting the pick-up in mergers and acquisitions activity to gather pace. ... |
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AT&T on Merger: 'We've Done This Before'PC Magazine - Chloe Albanesius - 21 Mar, 2011AT&T and T-Mobile are the latest wireless companies to join forces in a $39 billion deal that both companies say will help them better utilize available spectrum and more quickly deploy a 4G LTE network. But can previous wireless ... |
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AT&T buys T-Mobile's US businessInquirer - David Neal - 21 Mar, 2011US TELCO AT&T has invested a massive £24 billion ($39 billion) to buy Deutsche Telekom's T-Mobile business in the US in a deal that sees it increase the scale of its operations and win back important Iphone business. ... |
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AT&T/T-Mobile Deal: Explaining Wireless SpectrumWall Street Journal (blog) - Shira Ovide - 21 Mar, 2011AP It seems that every other sentence out of the mouths of AT&T executives in the past 24 hours starts or ends with wireless spectrum â" the government-controlled airwaves that companies license to transmit wireless signals. ... |
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US STOCKS-Wall Street stocks rise on M&A optimismReuters - Caroline Valetkevitch, Angela Moon - 21 Mar, 2011NEW YORK, March 21 (Reuters) - US stocks advanced more than 1 percent on Monday after AT&T said it would buy wireless rival T-Mobile, sparking expectations of more deal activity, while investors kept close watch on Japan's ... |
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Investor View: Deutsche Telekom sale of US unit to AT&TReuters - Edward Taylor, Christoph Steitz - 21 Mar, 2011FRANKFURT (Reuters) - Deutsche Telekom shares soared on Monday after the group agreed the sale of its T-Mobile USA unit to AT&T for $39 billion, paving the way for the world's biggest M&A deal this year and Germany's biggest in a decade. ... |
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AT&T Merger May Be Haunted by IPhone Network LoadBloomberg - Amy Thomson - 21 Mar, 2011AT&T was the only US carrier selling the iPhone until Verizon Wireless got the device this year. Photographer: Daniel Acker/Bloomberg March 21 (Bloomberg) -- Paul Glenchur, an analyst at Potomac Research ... |
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The Regulatory Risk in the AT&T DealNew York Times - Steven M. Davidoff - 21 Mar, 2011AT&T is buying T-Mobile for $39 billion. The deal will allow AT&T to expand its spectrum. AT&T is also contending that the synergies and cost-savings on the deal will be about $40 billion. This is a huge figure; ... |
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Stocks Gain, Yen Drops as Japan's Nuclear Risk Eases; Oil RisesBloomberg - Daniel Tilles, Lu Wang - 21 Mar, 2011A trader works in front of the DAX index curve at the Frankfurt stock exchange in Frankfurt. Photographer: Ralph Orlowski/Bloomberg March 21 (Bloomberg) -- Michael Nelson, analyst at Mizuho ... |
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AT&T takeover of T-Mobile: Winners, losersComputerworld - Matt Hamblen - 21 Mar, 2011Sprint is believed to be the principal loser, since it is the third-largest national carrier with around 50 million subscribers, while AT&T and Verizon are both neck-and-neck, each with more than 90 million. ... |
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Rebecca Arbogast InterviewBloomberg - 21 Mar, 2011March 21 (Bloomberg) -- Rebecca Arbogast, analyst with Stifel, Nicolaus and Co., discusses AT&T Inc.'s $39 billion purchase of Deutsche Telekom AG's T-Mobile USA unit. The acquisition may take a year to gain regulators' approval even if AT&T pledges to ... |
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AT&T, T-Mobile Deal: What Could It Mean for Consumers?ABC News - 21 Mar, 2011While rates for AT&T customers may not go up, T-Mobile customers will either have to get used to paying more or look for service elsewhere, among smaller carriers like Metro PCS and Cricket, he said. "The rates will probably normalize up to what AT&T's ... |
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AT&T, T-Mobile Deal: What Could It Mean for Consumers?ABC News - Mae Heussner - 21 Mar, 2011The mega merger between telecom giant AT&T and its smaller rival T-Mobile may mean big bucks for corporate America, but what about cell-phone-carrying Americans -- and, more importantly, their wallets? AT&T announced Sunday that it ... |
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Battle over AT&T, T-Mobile deal begins in WashingtonWashington Post (blog) - Hayley Tsukayama - 21 Mar, 2011Congress promised to take a âclose lookâ at the $39 billion proposed merger between AT&T and T-Mobile and whether the union, which would create the nation's largest cellphone company, would lead to higher prices and less choice for ... |
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US Stocks Rally Amid M&A Deals as Japan Nuclear Crisis Eases; AT&T GainsBloomberg - Rita Nazareth - 21 Mar, 2011March 21 (Bloomberg) -- Rebecca Arbogast, analyst with Stifel, Nicolaus and Co., discusses AT&T Inc.'s $39 billion purchase of Deutsche Telekom AG's T-Mobile USA unit. The acquisition may take a year to ... |
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And Now There Are Three: AT&T Acquires T-MobileInformationWeek (blog) - Ed Hansberry - 21 Mar, 2011Just last week I wrote that rumors were hot again that Sprint and T-Mobile were in discussions to merge operations in some way. Well, the rumors were half-right. T-Mobile was involved, but it was having discussions with its GSM sibling AT&T. ... |
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Consumers Union, publisher of Consumer Reports, says it's "difficult to come ...Dallas Morning News (blog) - Victor Godinez - 21 Mar, 2011An impressive lineup of skeptics and critics are starting to weigh in on AT&T's proposed $39 billion purchase of T-Mobile. "If approved, the merger would result in a wireless industry dominated overwhelmingly by two vertically-integrated companies that ... |
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AT&T Looks to Reshape Industry With T-Mobile USAToronto Star - Michael Hodel - 21 Mar, 2011AT&T's T acquisition of T-Mobile USA, a unit of Deutsche Telekom DTEGY , would radically reshape the US wireless landscape. This deal would create a superpower in the industry capable of wielding huge influence over smaller ... |
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Outlook cloudyBusiness Standard - Wei Gu - 21 Mar, 2011AT&T/T-Mobile: AT&T is asking Uncle Sam a $39 billion question. The US cellphone giant must think that it will get its massive deal to buy T-Mobile USA, unveiled on Sunday, past anti-trust and communications regulators. But before Deutsche Telekom, ... |
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AT&T promises better service from mergerMarketWatch - 21 Mar, 2011By MarketWatch AT&T says that its planned $39 billion acquisition of Deutsche Telekom AG's T-Mobile USA business will boost performance for both companies' customers. See full story. The AT&T deal for T-Mobile USA will kill competition, Brett Arends ... |
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5 Pros and Cons for AT&T's T-Mobile BuyoutPCWorld (blog) - Ian Paul - 21 Mar, 2011AT&T says its $39 billion deal to acquire T-Mobile USA will improve call quality and broadband availability for its customers, and bring next-generation cellular service to 95 percent of Americans. ... |
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Telco Gear Firms May See Sales Hit By AT&T's T-Mobile USA DealWall Street Journal - Gustav Sandstrom - 21 Mar, 2011European network equipment vendors may see their US sales take a near-term hit following AT&T Inc's (T) proposed acquisition of T-Mobile USA. The planned $39 billion tie-up between US operator AT&T and rival ... |
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AT&T To Buy T-Mobile For $39 BillionInformationWeek - Eric Zeman - 21 Mar, 2011AT&T announced its intent to purchase smaller rival T-Mobile in a $39 billion deal that will help both compete better with Verizon Wireless. By Eric Zeman InformationWeek The deal announced today is a shocker. No one saw it coming. ... |
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AT&T and T-Mobile: All about the iPhone 4G in 2012?msnbc.com - Kit Eaton - 21 Mar, 2011AT&T's definitive agreement, for just shy of $40 billion in cash and stocks, has the entire tech world talking. There's speculation about what the alliance may achieve--and one big bonus may be better cellphone coverage for users in the ... |
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Factbox: How the market values the AT&T-T-Mobile dealReuters - Paritosh Bansal, Derek Caney - 21 Mar, 2011(Reuters) - AT&T Inc's $39 billion deal to buy Deutsche Telekom's T-Mobile USA comes with a hefty price tag. * The offer values T-Mobile at 7.1 times 2010 adjusted earnings before interest, taxes, depreciation and amortization (EBITDA), according to ... |
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Sprint Is 'Odd Man Out' in AT&T/T-Mobile DealWall Street Journal (blog) - Shira Ovide - 21 Mar, 2011As the jilted lover in the proposed $39 billion merger of AT&T and T-Mobile, Sprint would be pushed down to a distant No. 3 wireless carrier in the US, if the deal goes through. Sprint also was talking about a merger with T-Mobile for ... |
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Who's Going To Buy Sprint Now? Verizon? Comcast? Google? (S, VZ, CMCSA, GOOG)San Francisco Chronicle - Dan Frommer - 21 Mar, 2011Now that AT&T is buying T-Mobile for $39 billion, something is probably going to have to happen with Sprint, the no. 3 carrier that has had a pretty rough time since closing its merger with Nextel half a decade ago. If Sprint has a tough time competing ... |
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