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DTEGY.PK Market Currents
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Thursday 2:36 PM Deutsche Telekom (DTEGY.PK) CEO Rene Obermann says his company is open to merging struggling T-Mobile USA with a rival, but rules out a complete sale. T-Mobile, whose planned sale to AT&T was thwarted by regulators, was recently rumored to have discussed a merger with MetroPCS (PCS). Some think a deal with Sprint (S) is a possibility in spite of 3G network compatibility issues.
Comment![Tech, M&A]
- Thursday 5:33 AM Deutsche Telekom (DTEGY.PK) tells shareholders a complete sale of its T-Mobile USA unit is unlikely, and that "we must find other ways to increase the return on our capital, or reduce our capital investment." [Tech]
- Tuesday 1:17 PM As Dish Network (DISH) tells the FCC to wait until at least 2016 for a 4G network launch, MetroPCS (PCS) and T-Mobile (DTEGY.PK) are calling for the agency to require Dish to sell half of its 40 MHz. of spectrum. Like others, the carriers think Dish will try to sell some or all of its spectrum to Verizon Wireless (VZ, VOD and/or AT&T (T), thereby putting smaller rivals at a disadvantage. [Tech, M&A]
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Company Description
"We are an integrated telecommunications provider offering our customers around the world a comprehensive portfolio of state-of-the-art services in the areas of telecommunications and IT. Since July 1, 2009, our organizational structure has reflected the realigned management structure approved... More