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Sprint reconsidering T-Mobile US acquisition - report
2014-02-10 16:40:00| Telecompaper Headlines
(Telecompaper) Sprint officials are coming together to discuss whether the potential acquisition of smaller rival T-Mobile US is still a good idea following antitrust officials' expressed strong sentiments against a deal, people familiar with the matter said, reported The Wall Street Journal. Sprint Chairman Masayoshi Son and Chief Executive Dan Hesse, who met with officials at the Justice Department and the Federal Communications Commission in Washington in recent weeks, were aware that it would be tough to gain approval for the deal, the people said. However, the men were surprised at the level of pushback the deal received and its public nature, one of the people said.
Tags: report
acquisition
sprint
tmobile
Deutsche Telekom buys up rest of T-Mobile Czech Republic
2014-02-10 11:03:00| Telecompaper Headlines
(Telecompaper) Deutsche Telekom has agreed to buy the remaining 39.23 percent in T-Mobile Czech Republic it does not yet own for EUR 0.8 billion. The minority stake is held by a consortium of investors led by funds managed or advised by private equity group Mid Europa Partners. Claudia Nemat, DT board member in charge of European operations, said the acquisition is "a natural step towards optimizing our portfolio", and the Czech Republic is important to the company due to its size and structure. The buy-out follows the integration of T-Systems into the T-Mobile operations in Czech Republic and the recent acquisition of Central European operator GTS. The deal will also increase profits at the Czech unit, as it no longer needs to pay dividends to the minority shareholders. T-Mobile Czech Republic is already fully consolidated by Deutsche Telekom, so the transaction will have no impact on group revenue and EBITDA. No regulatory approval is required to complete the acquisition.
Tags: rest
republic
deutsche
czech
Deutsche Telekom buys remainder of T-Mobile Czech unit: Source
2014-02-10 09:02:14| Telecom - Topix.net
Deutsche Telekom is acquiring the 40-percent stake in T-Mobile Czech Republic from investors Mid Europa Partners and Al Ain, the source said on the condition that he not be identified because the matter is confidential, confirming a report in Germany's Manager Magazin Online.
Tags: source
unit
deutsche
czech
Deutsche Telekom buys remaining T-Mobile Czech stake
2014-02-10 01:00:00| Total Telecom industry news
800 million deal part of German incumbent's bid to strengthen European footprint.
Tags: remaining
deutsche
czech
telekom
T-Mobile US sitting pretty in pink
2014-02-10 01:00:00| Total Telecom industry news
Telcos do battle over magenta and plum, but court backs T-Mobile's trademark.
Tags: pretty
pink
sitting
tmobile
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