allaboutsymbian
February 5th, 2010, 02:05
http://www.blogcdn.com/www.engadget.com/media/2010/02/dt-hq-night.jpg (http://online.wsj.com/article/SB10001424052748703357104575045542344942342.html?m od=WSJ_hpp_sections_business)
Not a week goes by that we don't hear of investor pressure (http://www.engadget.com/2009/05/01/t-mobile-uk-apparently-being-pressured-to-merge-or-bust/) on Deutsche Telekom to strengthen its financials and offload underperforming units (http://mobile.engadget.com/2009/11/20/t-mobile-usa-putting-out-feelers-for-network-partnerships/) -- T-Mobile USA included -- and the American outpost is back in the spotlight this evening coming off a report out of The Wall Street Journal that a spinoff might indeed be in the works. According to our favorite "people familiar with the matter," DT has reached out to a few banks with the goal of raising enough capital for T-Mobile through an IPO that it'd be able to continue to fund its network build-out, something that's going to become increasingly critical as it fends off 7.2Mbps HSPA and 4G competition from all of its national competitors. There are a few scenarios allegedly being discussed, ranging from a full-on excision of T-Mobile from its corporate parent to a merger with another US wireless firm -- but the plan gaining most traction internally is said to involve selling around 20 percent of the carrier to investors while hanging onto the rest, a situation that would get the underperforming unit's financials off DT's books. Ultimately, whatever comes of this probably won't happen for a few months while the options get mulled, but considering what went down in the UK (http://www.engadget.com/2009/09/08/t-mobile-uk-and-orange-to-merge-no-longer-clash/), this certainly seems plausible.Deutsche Telekom rumored to be eyeing T-Mobile USA spinoff (http://www.engadget.com/2010/02/04/deutsche-telekom-rumored-to-be-eyeing-t-mobile-usa-spinoff/) originally appeared on Engadget (http://www.engadget.com) on Thu, 04 Feb 2010 20:54:00 EST. Please see our terms for use of feeds (http://www.weblogsinc.com/feed-terms/).
Permalink (http://www.engadget.com/2010/02/04/deutsche-telekom-rumored-to-be-eyeing-t-mobile-usa-spinoff/) http://www.blogsmithmedia.com/www.engadget.com/media/post_label_VIA.gifCNET (http://news.cnet.com/8301-30686_3-10447751-266.html?part=rss&subj=news&tag=2547-1_3-0-20) | http://www.blogsmithmedia.com/www.engadget.com/media/post_label_source.gifThe Wall Street Journal (http://online.wsj.com/article/SB10001424052748703357104575045542344942342.html?m od=WSJ_hpp_sections_business) | Email this (http://www.engadget.com/forward/19345776/) | Comments (http://www.engadget.com/2010/02/04/deutsche-telekom-rumored-to-be-eyeing-t-mobile-usa-spinoff/#comments)
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Not a week goes by that we don't hear of investor pressure (http://www.engadget.com/2009/05/01/t-mobile-uk-apparently-being-pressured-to-merge-or-bust/) on Deutsche Telekom to strengthen its financials and offload underperforming units (http://mobile.engadget.com/2009/11/20/t-mobile-usa-putting-out-feelers-for-network-partnerships/) -- T-Mobile USA included -- and the American outpost is back in the spotlight this evening coming off a report out of The Wall Street Journal that a spinoff might indeed be in the works. According to our favorite "people familiar with the matter," DT has reached out to a few banks with the goal of raising enough capital for T-Mobile through an IPO that it'd be able to continue to fund its network build-out, something that's going to become increasingly critical as it fends off 7.2Mbps HSPA and 4G competition from all of its national competitors. There are a few scenarios allegedly being discussed, ranging from a full-on excision of T-Mobile from its corporate parent to a merger with another US wireless firm -- but the plan gaining most traction internally is said to involve selling around 20 percent of the carrier to investors while hanging onto the rest, a situation that would get the underperforming unit's financials off DT's books. Ultimately, whatever comes of this probably won't happen for a few months while the options get mulled, but considering what went down in the UK (http://www.engadget.com/2009/09/08/t-mobile-uk-and-orange-to-merge-no-longer-clash/), this certainly seems plausible.Deutsche Telekom rumored to be eyeing T-Mobile USA spinoff (http://www.engadget.com/2010/02/04/deutsche-telekom-rumored-to-be-eyeing-t-mobile-usa-spinoff/) originally appeared on Engadget (http://www.engadget.com) on Thu, 04 Feb 2010 20:54:00 EST. Please see our terms for use of feeds (http://www.weblogsinc.com/feed-terms/).
Permalink (http://www.engadget.com/2010/02/04/deutsche-telekom-rumored-to-be-eyeing-t-mobile-usa-spinoff/) http://www.blogsmithmedia.com/www.engadget.com/media/post_label_VIA.gifCNET (http://news.cnet.com/8301-30686_3-10447751-266.html?part=rss&subj=news&tag=2547-1_3-0-20) | http://www.blogsmithmedia.com/www.engadget.com/media/post_label_source.gifThe Wall Street Journal (http://online.wsj.com/article/SB10001424052748703357104575045542344942342.html?m od=WSJ_hpp_sections_business) | Email this (http://www.engadget.com/forward/19345776/) | Comments (http://www.engadget.com/2010/02/04/deutsche-telekom-rumored-to-be-eyeing-t-mobile-usa-spinoff/#comments)
More... (http://www.engadget.com/2010/02/04/deutsche-telekom-rumored-to-be-eyeing-t-mobile-usa-spinoff/)