retroremakes
February 4th, 2010, 23:50
Hey, T-Mobile customer, do you have any idea that your wireless carrier is actually owned and operated by German telecom giant Deutsche Telekom (http://gizmodo.com/tag/deutschetelekom/)? No? Well, ignore everything I just said, because it probably won't be true soon.
If you're interested in why DT would spin off their entire US arm, it's just a matter of numbers:
T-Mobile USA (http://gizmodo.com/tag/tmobileusa/) has languished under perceptions that its wireless network is inferior and lacks reach, a major shortcoming as customers turn to their cell phones to surf the Internet and stream video. In the third quarter, 77,000 users walked away from T-Mobile USA, while AT&T and Verizon Wireless added millions of customers.
DT is a conservative company, T-Mobile USA, while massive, represents a fraction of their business, or a medium-sized liability, depending on how you look at it.
The excision could come as either a partial spinoff, a merger with another American carrier (and not an AT&T or a Verizon—we're talking the likes of MetroPCS), or a public IPO. Whatever happens, we'll probably hear about it within "the next two months." [WSJ (http://online.wsj.com/article/SB10001424052748703357104575045542344942342.html)]
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More... (http://feeds.gawker.com/~r/gizmodo/full/~3/VOnQ4BQDin4/t+mobile-finally-moving-out-of-deutsche-telekoms-basement)
If you're interested in why DT would spin off their entire US arm, it's just a matter of numbers:
T-Mobile USA (http://gizmodo.com/tag/tmobileusa/) has languished under perceptions that its wireless network is inferior and lacks reach, a major shortcoming as customers turn to their cell phones to surf the Internet and stream video. In the third quarter, 77,000 users walked away from T-Mobile USA, while AT&T and Verizon Wireless added millions of customers.
DT is a conservative company, T-Mobile USA, while massive, represents a fraction of their business, or a medium-sized liability, depending on how you look at it.
The excision could come as either a partial spinoff, a merger with another American carrier (and not an AT&T or a Verizon—we're talking the likes of MetroPCS), or a public IPO. Whatever happens, we'll probably hear about it within "the next two months." [WSJ (http://online.wsj.com/article/SB10001424052748703357104575045542344942342.html)]
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http://feeds.feedburner.com/~r/gizmodo/full/~4/VOnQ4BQDin4
More... (http://feeds.gawker.com/~r/gizmodo/full/~3/VOnQ4BQDin4/t+mobile-finally-moving-out-of-deutsche-telekoms-basement)