Deutsche Telekom Seeking Funding for T-Mobile USA
T-Mobile USA parent company Deutsche Telekom is looking for ways to fund the fourth-place U.S. carrier now that its sale to AT&T has fallen through. One avenue the company is pursuing is a sale of T-Mobile's cell towers. Deutsche Telekom believes it can gain $1 to $2 billion dollars from such a sale. It is also looking into raising additional funding through the sale of bonds. Capital expenditures to run T-Mobile USA cost Deutsche Telekom about $3 billion annually. Deutsche Telekom will provide more information about the future of T-Mobile USA when it reports its quarterly earnings in February.
OnePlus 5T and Honor 7X Now Available In Red
OnePlus and Honor today made red versions of their most recent devices available to U.S. consumers.
Blu Life One X3 Adopts Metal-and-Glass Design and Packs 5,000mAh Battery
Blu Products today announced the Life One X3, a mid-range handset from the unlocked phone maker. The One X3 has a curved-edge glass screen and an aluminum frame painted in matte black.
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.
Deutsche Telekom Will Consider 'Any Partner' for T-Mobile
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.