T-Mobile Dials SunCom

October 2007
Red Herring;10/7/2007, Vol. 4 Issue 29, p11
Trade Publication
The article reports on the agreement of Deutsche Telekom to acquire SunCom Wireless Holdings, a longtime roaming partner of its T-Mobile arm in the U.S., for $2.4 billion in cash and assumed debt. The deal will help fill out T-Mobile's wireless coverage in five southeastern state and in Puerto Rico and the U.S. Virgin Islands. The deal will also position T-Mobile, the fourth-largest cell phone carrier in the U.S., for an upcoming wireless spectrum auction that could have a significant impact on the mobile market.


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