T-Mobile Value Is Back To AT&T Deal Level: Deutsche Telekom CEO

T Mobile Value Is Back To AT&T Deal Level: Deutsche Telekom CEO

Germany’s Deutsche Telekom has a 67 percent controlling stake in T-Mobile U.S. The country’s fourth largest mobile carrier received a buyout bid from AT&T back in 2011, it was offered $39 billion, which it accepted. However the deal was blocked by regulatory authorities, and T-Mobile was compensated with roughly $7 billion in cash and spectrum. Since then, T-Mobile has become quite popular, in 2013 alone it made a number of “uncarrier” moves that brought in a lot of new subscribers. The carrier has bounced back in spectacular fashion, even after the botched deal with AT&T left its future uncertain. Deutsche Telekom CEO Timotheus Hoettges believes that the carrier is now back to the AT&T deal level, he pegs it at $42 billion.

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    Softbank And Deutsche Telekom In Talks About T-Mobile Buyout By Sprint [Report]

    Softbank And Deutsche Telekom In Talks About T Mobile Buyout By Sprint [Report]

    There has been a lot of chatter about Sprint buying out T-Mobile. Having the fourth largest U.S. carrier under its belt would help Sprint launch a much more effective competitions against the two behemoths dominating U.S. mobile industry, Verizon and AT&T. While T-Mobile recently gave off the vibe that it may not be interested in a buyout, latest reports suggest that Softbank, which owns Sprint, and Deutsche Telekom, which holds a 67 percent stake in T-Mobile, have now entered in direct talks.

    Speculation surged recently as Deutsche Telekom transferred its stake in T-Mobile from a German holding company to a Dutch holding company, some believe that this might be an indication of its willingness to sell the U.S. arm of T-Mobile. Softbank will reportedly offer as much as $20 billion for the entire business, previous reports claimed that Softbank CEO had approached as many as six financial institutions and that he has received assurances that financing will be available should a deal be made. In direct talks, matters such as the amount of stock and cash to be paid for T-Mobile U.S. and the way the carrier will be integrated with Sprint are expected to be discussed, this according to sources familiar with the matter, Reuters reports.

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    Banks Reportedly Willing To Back Sprint’s Plan Of Acquiring T-Mobile

    Banks Reportedly Willing To Back Sprints Plan Of Acquiring T MobileBack in 2013, we heard the rumors that Sprint might be looking to buy T-Mobile. Given that Sprint was recently acquired by Japanese carrier, Softbank, it looks like the company’s plans to expand into the US market will not be stopping there. Talks have reportedly been conducted, with Sprint’s chairman reportedly approaching banks to help fund their acquisition. Well it looks like Sprint might have been successful with the banks because according to new a new report from The Wall Street Journal, the banks are now supporting Sprint financially to go ahead and make an offer to T-Mobile for a possible acquisition.  (more…)

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    Sprint Could Offer Wi-Fi Calling Eventually

    Sprint Could Offer Wi Fi Calling EventuallyWord on the street has it that Sprint is currently working to roll out a Wi-Fi calling system of their own, as evident by the Sprint training materials that can be seen above – or at the very least, a screenshot of it. Sprint Wi-Fi Calling would be enabled on at least a couple of its existing smartphones that run on the Android mobile operating system, and this will happen via maintenance updates as well as on new devices which are powered by Android 4.2 Jelly Bean and above.

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    We knew LG’s curved G Flex was heading to US carriers, but it’s happening sooner than expected: you’

    We knew LG’s curved G Flex was heading to US carriers, but it’s happening sooner than expected: you’ll be able to get the phone via Sprint from January 31st for $300.

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    Sprint Easy Pay Allows Customers To Upgrade In A Jiffy

    Sprint Easy Pay Allows Customers To Upgrade In A JiffyIf you are a Sprint customer, then you would be pleased to hear that patience no longer needs to be a virtue with you, especially when it comes to that spanking new phone upgrade. With Sprint Easy Pay, customers are able to upgrade whenever they want. Right now, for a limited time only, Sprint will be offering all of its customers the opportunity to upgrade their phone early thanks to the introduction of Sprint Easy Pay.

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    T-Mobile Sports The Second Lowest Churn Rate For Q4 2013

    T Mobile Sports The Second Lowest Churn Rate For Q4 2013Different customers have different expectations when it comes to carriers. Some are looking for the cheapest plan, some are looking for the fastest speeds, some choose a carrier because they like the image they portray, and some choose a carrier for its customer service. Basically at the end of the day everyone has different reasons for choosing the carrier they did. However it seems that as of late, T-Mobile’s customers are here to stay, at least according to a report from Wireless Week who revealed that T-Mobile actually sports the lowest churn rate at 15.4% for Q4 2013. It should be noted that the churn rate is based on customer surveys as opposed to actual figures released by the carriers themselves, so they might not necessarily be representative of the entire story. In any case this is a huge drop from the carrier’s churn rate back in Q3 2013 where it was sitting at a whopping 42.9%, meaning that almost one in two customers would switch to a different carrier.

    In fact T-Mobile’s churn rates are so low that they beat out the likes of Verizon, who has typically had some of the lowest churn rates (Verizon sits at 17%), but did not beat out their rival AT&T whose churn was estimated at 11.1%. As far as Sprint is concerned, it does not look too good as their Q4 churn rates was at 31%, although admittedly it is an improvement over the 41.7% in the previous quarter. What could it be that made T-Mobile customers suddenly decide to remain loyal to the carrier? Perhaps it could be the carrier’s Uncarrier program, and also maybe the fact that they started to officially offer the iPhone as well. However recently T-Mobile has unveiled newer and more aggressive plans, which means that at the end of Q1 2014, we can expect the carrier’s churn rates to be even lower, or at least that’s what we hope. What do you guys think? Will T-Mobile’s new plans make customers want to stay?

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    LG G Flex Arrives On Sprint

    LG G Flex Arrives On SprintIf you are a Sprint subscriber and want to upgrade your smartphone, or are in the market for a new handset, you might want to check out something that is cutting edge from South Korea. The smartphone that I am referring to would be this – the LG G Flex, which we have already spent some hands-on time with it at the end of last year. The LG G Flex happens to be the first curved, flexible smartphone in the world, and it will be a Sprint exclusive that will be able to take advantage of Sprint Spark, which is enhanced LTE that supports a new generation of online gaming, virtual reality, advanced cloud services and other applications that require high bandwidth.

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    LG G Flex ships from January 31 in US

    LG’s G Flex will go on sale in the US from January 31st, with the curved OLED smartphone unsurprisingly commanding top-tier pricing for its unusual form-factor. The smartphone, which we … Continue reading

    Sprint Easy Pay Lets Subscribers Upgrade Phones Whenever They Want

    Sprint Easy Pay Lets Subscribers Upgrade Phones Whenever They Want

    In September last year Sprint introduced the One Up program, joining the likes of T-Mobile, Verizon and AT&T, allowing customers to upgrade their phones mid-contract. Earlier this week the Sprint One Up program was officially retired, it was believed that the program hadn’t been a success. The carrier’s subscribers shouldn’t fret as Sprint has come up with an entirely new program to let them upgrade phones without having to wait to be eligible for an upgrade. Sprint Easy Pay allows subscribers to upgrade their phones immediately.

    Sprint subscribers have to go to the carrier’s website to check if they’re eligible for Easy Pay. If they are, they can immediately purchase a new phone through the program and pay for it through 24 monthly installments. At the time of purchase, cost includes down payment and all applicable sales taxes. Existing Easy Pay customers can also purchase a new phone, but they will first have to pay off the remaining balance on their current device. Those who have purchased their device from Sprint and have upgraded can sell their phone back to the carrier through its Buyback program and receive up to $300. Sprint says that this program is going to be run for a limited time, so better dish out money for that new phone before its too late.

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