Articles tagged with: T Mobile Usa and Deutsche Telekom

Deutsche Telekom Has Option to Sell T-Mobile USA Stake

­Germany's Deutsche Telekom has confirmed that it could sell its stake in T-Mobile USA sooner than the 18 month lock-in that it agreed during the merger with MetroPCS.  more

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Fitch: Sweetened Bid Shows Deutsche Telekom Needs MetroPCS

­Deutsche Telekom's decision to sweeten its offer for MetroPCS will not have a significant impact from a creditor's perspective, but does indicate how important it is for the group to improve its US operations, Fitch Ratings says.  more

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Deutsche Telekom Posts $8.8 Billion Loss Due to US Accounting Write-Down

­Deutsche Telekom has announced that its third-quarter revenues were flat compared to a year ago at EUR14.7 billion (US$18.8 billion), but the company posted a net loss of EUR6.9 billion (US$8.8 billion), due to special provisions relating to its T-Mobile USA subsidiary.  more

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MetroPCS Customers to be Migrated to T-Mobile USA Following Merger

­Deutsche Telekom is expecting to generate cost savings of six to seven billion dollars following the merger of T-Mobile USA and MetroPCS, the company's CFO, Tim Höttges has revealed.  more

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Moody's: Merger of T-Mobile USA and MetroPCS credit positive for Deutsche Telekom

­Moody's Investors Service has said that it views as credit positive for Deutsche Telekom the announcement by the company and MetroPCS Communications that they plan to merge T-Mobile USA and MetroPCS Wireless.  more

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Fitch Affirms Deutsche Telekom Ratings on T-Mobile/MetroPCS Deal

Fitch Ratings has affirmed Deutsche Telekom's (DT) Long-term Issuer Default Rating (IDR) at 'BBB+' with a Stable Outlook. Fitch has also affirmed DT's senior unsecured rating at 'BBB+' and Short-term IDR at 'F2'.  more

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T-Mobile USA and MetroPCS Confirm Plans for a Full Merger

After confirming talks were taking place just yesterday, T-Mobile USA and MetroPCS have announced plans to merge their mobile networks. As part of the deal, MetroPCS shareholders will receive US$1.5 billion in cash and 26% ownership in merged company.  more

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Fitch Affirms Deutsche Telekom'd Ratings with a Stable Outlook

Fitch Ratings has affirmed Deutsche Telekom's (DT) Long-term Issuer Default Rating (IDR) at 'BBB+' with a Stable Outlook. Fitch has also affirmed DT's senior unsecured rating at 'BBB+' and Short-term IDR at 'F2'. This includes the debt issued by Deutsche Telekom International Finance and guaranteed by DT.  more

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Deutsche Telekom Profits Jump as Costs Fall

­Deutsche Telekom has reported a 76.4 percent jump in its second-quarter profits, although that was boosted by one-off costs a year ago that no longer apply. The company's profits were benefiting from a year-on-year decline in special factors of around two thirds to EUR 200 million in the second quarter.  more

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T-Mobile USA Reported to be in Merger Talks with MetroPCS

­Deutsche Telekom is reported to have renewed discussions with the USA based regional network, MetroPCS regarding a possible merger with its own T-Mobile USA network. The two companies were last reported to be in talks back in late 2009.  more

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