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. "If we find a partner who will help us to do so, we will obviously consider it." Deutsche Telekom owns 66% of T-Mobile US and last year attempted sell the company to Japan's SoftBank. T-Mobile has gained more than 8 million customers in the last year, but has done so at considerable expense. Deutsche Telekom said it is under no pressure to sell T-Mobile, but the German company is making it clear that it is open to suggestions.
Japan's SoftBank to Buy UK's ARM for $32 Billion
Jul 18, 2016
SoftBank today announced plans to buy ARM Holdings for $32 billion. SoftBank runs one of Japan's largest wireless networks and is the parent company of Sprint in the U.S., while ARM designs and licenses the Cortex-branded mobile processors often found in today's smartphones and tablets.
SoftBank Looking to Raise $18B with Wireless Unit IPO
Jan 15, 2018
SoftBank Group, the parent company of Sprint, is weighing whether or not to offer shares in its own Japan-based wireless company. Under the direction of CEO Masayoshi Sun, SoftBank has transformed itself in recent years into an investor in technology companies.
SoftBank, Sprint Majority Owner, to Split In Two
Mar 7, 2016
SoftBank today revealed a plan to separate itself into two separate companies, one for its Japan-based carrier business and another for its international operations, including Sprint. SoftBank's domestic business unit, which includes investments in Yahoo Japan, will be run by Ken Miyauchi.
Sprint to Sell Rubin's Essential Phone As an Exclusive
Jun 12, 2017
Essential Products has found a U.S. carrier to distribute its Essential PH-1 handset, and that carrier is Sprint.
Straight Path to Pay FCC $100M for Squatting On 5G Spectrum
Jan 12, 2017
The FCC has fined Straight Path Communications $100 million for failing to deploy wireless service in accordance with spectrum license requirements. Straight Path is sitting on approximately 1,000 licenses for spectrum in the 39 GHz band, which will eventually be used for 5G.
Under no pressure