TITLE

T-Mobile Dials SunCom

PUB. DATE
October 2007
SOURCE
Red Herring;10/7/2007, Vol. 4 Issue 29, p11
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
28819411

 

Related Articles

  • T-Mobile USA rebrands SunCom markets. Winter, Allie // RCR Wireless News;9/15/2008, Vol. 27 Issue 28, p5 

    The article reports that T-Mobile USA Inc. announced the acquisition of SunCom Wireless Holdings Inc. for $2.4 billion in cash and assumed debt September 2007, and the U.S. Federal Communications Commission approved the deal in February 2008. T-Mobile USA said former SunCom customers can keep...

  • Who's left? Hill, Kelly // RCR Wireless News;9/24/2007, Vol. 26 Issue 36, p1 

    The article reports on the plan of T-Mobile USA Inc. to acquire SunCom Wireless Holdings Inc. SunCom has around 1 million customers and Rural Cellular has more than 700,000 customers. T-Mobile USA indicated that investment funds which own more than 50% of the issued common stock of Sun Com, have...

  • T-Mobile makes it to Puerto Rico. Ryan, Frances; Pachieco, Dennis Costa // Caribbean Business;9/20/2007, Vol. 35 Issue 37, p48 

    The article reports on the acquisition of 1.1 million customers of SunCom Wireless Holdings for $2.4 billion by the wireless provider firm T-Mobile in the U.S. The transaction is for $1.6 billion in cash and $800 million for the assumption of SunCom debt. Among the SunCom markets to be added to...

  • News Headlines.  // MarketWatch: Telecoms;Nov2007, Vol. 6 Issue 11, p7 

    The article reports several news headlines related to information technology (IT) around the world. Poor IT training costs Great Britain contact centers billions. Nokia, Samsung and others supported the Universal Flash Storage (UFS). T-Mobile USA expands with $2.4 billion with its acquisition of...

  • BUSINESS.  // Total Telecom Magazine;Oct2007, p4 

    This section offers news briefs related to the telecommunications industry. Deutsche Telekom said T-Mobile USA is to acquire all outstanding shares of U.S. mobile operator SunCom Wireless Holdings Inc. for $2.4 billion including debt. Mobilkom Austria is pioneering near field communication in...

  • Deutsche Telekom Eying Sprint Purchase? Medford, Cassimir // Red Herring;5/5/2008, p1 

    The article reports on the communications company Deutsche Telekom is undergoing preliminary talks to acquire mobile carrier Sprint Nextel. The possible merger between Deutsche Telekom's U.S. unit T-Mobile USA and Sprint Nextel would enable the new entity to overtake AT&T and Verizon Wireless....

  • T-Mobile Reportedly in Merger Talks With MetroPCS.  // CIO Insight; 

    The article reports on the merger talks between telecommunication carriers T-Mobile USA Inc. and MetroPCS Inc. It notes that the deal may result in a stock swap giving both companies control over T-Mobile's parent firm Deutsche Telekom AG or an outright sale of T-Mobile. It accounts the...

  • Mayday, Mayday: MetroPCS/T-Mobile USA Deal Closes Next Week.  // CT Daily;4/24/2013, p1 

    The article offers information on the closure of the deal of merger between MetroPCS Inc. and T-Mobile USA Inc. on May 1, 2013. It mentions that after the completion of the merger deal, former MetroPCS shareholders of will receive 26 percent of the shares of the new company whereas majority of...

  • Deutsche Telekom approves SoftBank's plan to acquire T-Mobile US. Hedges, Laura // Capacity Magazine;3/16/2015, p1 

    Deutsche Telekom has agreed to SoftBank's plan to acquire T-Mobile US, according to local reports.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics