Interesting article on tmobile
In October, Cingular Wireless completed its acquisition of AT&T Wireless. Two months later, Sprint PCS and Nextel Communications agreed to marry. Between the two deals, the number of U.S. carriers with a nationwide reach would narrow from six to four.
The consolidation comes as rivals fight less over price and calling plans and more over which carrier can build the speediest networks the fastest.
The race involves all the national carriers except one: T-Mobile USA.
When the new year started, the Bellevue company found itself the underdog of the industry. Practicall...
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T-Mobile USA is a subsidiary of German giant Deutsche Telekom, which gained access to the U.S. market by purchasing VoiceStream Wireless of Bellevue in 2001 for $30 billion.
What little is known about the subsidiary's plans has come mostly from media coverage of Deutsche Telekom Chief Executive Kai-Uwe Ricke. In December, he ruled out a merger or acquisition and said instead that it would look for commercial partnerships for growth. Last week, at his company's shareholders meeting, he said selling T-Mobile USA, which had $11.7 billion in sales in 2004, was not part of the plan.
But as the smallest in a field of national giants, T-Mobile USA is at a disadvantage when it comes to buying equipment, getting ...
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MobilePaddy said:
http://seattletimes.nwsource.com/html/businesstechno ... »
I dig the "lemming" reference. I don't believe Tmobile's in any danger of getting left behind.