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Tag: deutsche telekom
Deutsche Telekom tweaks charges in German mobile turf war
2013-04-16 03:01:52| Telecom - Topix.net
Deutsche Telekom followed its three main rivals and revised its German mobile charges on Monday as the turf war intensifies Europe's biggest national market.
Tags: war
mobile
german
charges
Deutsche Telekom announces new Comfort mobile tariffs
2013-04-15 11:18:00| Telecompaper Headlines
(Telecompaper) Deutsche Telekom will launch a new range of Complete Comfort (XS to XXL) tariffs for private and business customers from 22 May. This will allow customers to select a plan which matches their calling, texting and data needs. Customers not needing a new smartphone will get a 20 percent reduction off the cost of their Complete Comfort tariff. The entry-level Complete Comfort XS will cost EUR 19.95 per month and offers up a mobile data flat-rate at speeds of up to 8 Mbps. The Complete Comfort S tariff will cost EUR 34.95 per month and will offer a higher data allowance at speeds of up to 16 Mbps, plus an SMS Flat to all network. Both plans include calls to all networks.
Tags: mobile
deutsche
comfort
telekom
Deutsche Telekom offers 'best and final offer' to MetroPCS
2013-04-11 18:48:42| CNET News.com
The new offer is a response to the criticism some major MetroPCS shareholders have expressed over possible undervaluing. [Read more]
Deutsche Telekom improves terms of MetroPCS offer
2013-04-11 08:46:00| Telecompaper Headlines
(Telecompaper) Deutsche Telekom has improved the terms of its offer for US Mobile operator MetroPCS, in the hope of winning over shareholders before the upcoming vote on the deal. Under the terms of the existing agreement, T-Mobile USA would be contributed to the combined company with MetroPCS carrying shareholder loans of USD 15 billion. In its improved offer, Deutsche Telekom will reduce these loans by USD 3.8 billion to USD 11.2 billion, increasing the equity value of the combined company. Deutsche Telekom will also reduce the interest rate on the USD 11.2 billion of shareholder loans by 50 basis points. This lower rate reflects the new capital structure of the combined company, the improved capital markets environment in recent months, and the interest rate level of MetroPCS newly issued USD 3.5 billion of bonds priced in March, the company said. The lock-up period during which Deutsche Telekom is prohibited from publicly selling shares in the combined company has also been extended by 12 months to 18 months following close of the merger. The improved terms answer a concern among MetroPCS shareholders that the new company would be carrying too much debt. The cash element of the deal remains USD 1.5 billion to existing MetroPCS shareholders, who will hold 26 percent in the new company. As Deutsche Telekom will fully consolidate the merged company, the change in the capital structure has no impact on its leverage.
Tags: terms
offer
deutsche
telekom
Deutsche Telekom sweetens MetroPCS deal, cuts debt load
2013-04-11 04:12:17| Telecom - Topix.net
Wall Street's record closing overnight and growing optimism about the Chinese economy underpinned Asian shares on Thursday while the Bank of Japan's bold monetary stimulus kept the yen pinned near fresh lows against major currencies.
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