T-Mobile To Buy SunCom
Sep 17, 2007, 2:07 AM by (staff)
Deutsche Telekom, the parent company of T-Mobile USA, has announced it will buy regional carrier SunCom for $1.6 billion and $800 million in assumed debt. SunCom, like T-Mobile, operates a GSM network and also offers a version of the Danger Hiptop, known on T-Mobile as the Sidekick. The deal is expected to close in early 2008.
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Deutsche Telekom executives today indicated they are still weighing the best path forward for T-Mobile US, especially when it comes to improving profitability. "It is our duty to go on improving the return on T-Mobile US," said CEO Tim Hoettges.
Virgin Mobile USA Relaunches As An iPhone-Only Carrier
Virgin Mobile USA, which is owned and operated by Sprint, transformed itself today into new provider much more closely aligned with the Virgin brand. Significantly, Virgin Mobile USA is now an iPhone-only carrier, meaning Apple's iPhones are the only phones Virgin will sell moving forward.
Deutsche Telekom Shopping T-Mobile to Comcast
Deutsche Telekom is discussing with Comcast the possibility of the cable firm buying T-Mobile US. Deutsche Telekom is talking to several other companies, including Dish Networks, but Comcast is seen as the primary contender thanks to its stronger finances.
T-Mobile Parent to Wait for Auction's End to Shop Uncarrier
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T-Mobile To Buy iWireless
T-Mobile today announced that it will become the sole owner of iWireless (Iowa Wireless), expanding T-Mobile's reach in the Iowa area. iWireless is a leading regional wireless provider serving Iowa, western Illinois, and eastern Nebraska with 103 full service company stores and authorized dealers that serve approximately 75,000 customers.
Took Longer then I thought
Former Suncom Employee perspective
I hope the very best to all the employees at Suncom and that buyout helps you guys out.
YES IT'S ABOUT TIME!!!
My view (extended.)
(I said Synergies again. )
I heard it's around 1 million
then it'll be 30 million by the end of the year
a little milestone
Just wanted to note that T-mobile USA is purchasing this company for the amount I mentioned.
(I said Synergies again. )
If you tooted your own horn any louder, we'd be deaf.
This Will Hopefully Answer Some Questions
The acquisition will further enhance T-Mobileâ€™s network coverage in the southeastern United States and the Caribbean through the complementary addition of SunComâ€™s markets and customers in North Carolina, South Carolina, Tennessee, Georgia, Puerto Rico and the U....
So what does T-Mob do with all the money losers
With all those unlimited plans for $59.99 and $79.99 on Suncom's network, will T-mob migrate them all to current T-mobile pricing/coverage?
If they're under contract, they're supposed to honor t...