Headlines – Page 20
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Strategy & ChangeQ4 FY20: TMUS highlights DT’s ‘positive headache’
Group leadership relaxed on quandary of when to push button on re-acquisition of majority control in powerhouse NatCo. TMUS on track with Sprint integration, emphasising huge cash flow potential DT could tap into for expansion across Group.
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Strategy & ChangeElsewhere in T-Mobile US: Georgia partnership for 5G incubator
Jay-Z reportedly buys back T-Mobile US’s stake in digital music player Tidal; T-Mobile Accelerator in growth mode.
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PeopleDeutsche Telekom movers: T-Mobile US names trio of CxOs
T-Mobile US appoints Callie Field Chief Customer Experience Officer, one of three new C-suite appointments. T-Mobile Czech Republic CEO brings in old friend Bellassai to replace outgoing Bóna as Commercial lead. Networks! rejigs Advisory Board.
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PeopleT-Mobile CIO Cody Sanford exits amid IT–digital reshuffle
Cody Sanford, Chief Information Officer and Chief Product Officer at T-Mobile US, is set to leave to pursue “external opportunities”. Chief Operating Officer Brian King steps into CIO vacancy. Wider reshuffle flagged to support new digital strategy.
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PeopleHöttges achieves longest CEO reign at DT
After seven years (and a few days), Tim Höttges outlasts predecessors. He is also the highest paid telco CEO in Europe. Sprint merger bonus puts his FY20 takings close to €7m.
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Strategy & ChangeDeutsche Telekom’s stakes in Europe NatCos creep up
Share buybacks increase holdings in Hrvatski Telekom, Magyar Telekom, and OTE. Group ends FY20 with a much-reduced 43.4% stake in T-Mobile US, but Bonn still calls management shots.
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M&AT-Mobile US casts off from Sprint remnant Tidal
New majority owners for Jay-Z-founded music business after artist reportedly buys back T-Mobile’s stake.
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PremiumDeutsche Telekom people moves: Petri named Deputy CSO
20-year veteran Axel Petri named Deputy CSO under Thomas Tschersich. In-house consultancy makes exec swaps. New CFOs installed at T-Systems in Brazil and the Netherlands. Changes at T-Mobile US’s Emerging Technologies unit: Dwayne Benefield and Ivo Rook leave; Julie Goldthwait steps up.
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PeopleHow a choice of shoelaces helped change Deutsche Telekom’s fortunes
Former Deutsche Telekom chief René Obermann recalls how John Legere’s unusual footwear played its part in his appointment as T-Mobile US CEO. Convinced he had the right man, Obermann avoided exposing Legere too early to conservative types at head office in case it scared him off.
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PremiumSievert envisages Sprint shutdown ramp-up in 2022
TMUS CEO says “isolated” closures of Sprint network already underway. Underlines post-merger integration progress in marketing and distribution. NatCo’s 3G shutdown reportedly pushed back until April 2022.
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Strategy & ChangeElsewhere in T-Mobile US: 5G FWA incoming
TMUS takes R&D looks into agricultural use-cases and immersive tech.
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PeopleDeutsche Telekom movers: T-Systems NL CFO exits
Departures include T-Systems Netherlands CFO and Group TV platform development lead. Deutsche Telekom bolsters EU policy efforts. Former Telekom Deutschland boss joins board of telco IT player LotusFlare.
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PremiumElsewhere in T-Mobile US: politics, security, and 5G
T-Mobile US plugs 5G into racing drones.
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PremiumDeutsche Telekom people moves: Sourek to drive Magenta brand
UK Global Business Solutions unit gets a new Managing Director as part of planned succession. Magenta brand leadership changes in Austria. Lee and Roszatycki climb the T-Mobile US ladder.
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PremiumC-Band auction rakes in record-breaking sum
Analyst estimates TMUS shelled out $11bn for highly prized 5G frequencies. NatCo raises $3bn from debt markets, suggesting financial strain of auction greater than expected. Winning bidders not named until completion of “assignment phase”.
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Network & InfrastructureT-Mobile US goes Nordic (again) for 5G expansion
Longstanding partners Ericsson and Nokia sign “multi-billion-dollar agreements”. Operator makes concerted 5G push at 2.5GHz to complement 600MHz rollout. Nordic duo also tasked with providing “advanced technical capabilities”, including voice over NR, NR carrier aggregation, network slicing, and multi-user massive MIMO.
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Network & InfrastructureT-Mobile US looks to top up kitty amid C-Band feeding frenzy
Operator issues three tranches of Senior Notes. Says C-Band auction “may” have something to do with it, as bidding reaches an eye-watering $80.7bn.
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PeopleLegere considers running for office after Capitol Hill “craziness”
Outspoken ex-CEO of T-Mobile US says he “can’t stand by”. Tweets that somebody needs to “help real Americans find change”.
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M&AViasat buys out T-Mobile partner RigNet
Maritime connectivity provider RigNet acquired by satellite specialist Viasat in $222m deal. T-Mobile US partnered with RigNet in July 2019, but COVID-related issues have pegged back progress.
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M&AT-Mobile ties up another Sprint loose end with Swiftel buy
US NatCo buys Sprint-branded wireless assets operated by Swiftel Communications, leaving Shentel as the last remaining Sprint affiliate.