T-Mobile: We're Going It Alone, and We're OK With That
T-Mobile USA CEO Philip Humm today said that there are no new acquisition deals on the table and that the company is prepared to move forward without merging or being acquired by a competitor. Speaking to AllThingsD, Humm said, "There is no second AT&T deal around. Now it's really a question about restarting the business. We will give you more details probably by the end of the quarter. We are right now finalizing our plans." T-Mobile USA recently lost its bid to sell itself to AT&T. T-Mobile USA gained valuable spectrum and a roaming deal with AT&T has part of the break-up, but the company still needs to raise capital. Parent company Deutsche Telekom scored $3 billion in cash from AT&T, but it's not clear if it will reinvest that money in developing T-Mobile USA further.
|Thank you TMO, your waffling got me on a REAL network!||tether||
This forum is closed.