T-Mobile US – Page 14
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Strategy & Change
Elsewhere in T-Mobile US: 3G sunset backlash
MVNO decries 3G shutter plans; prospective merger partner makes cuts to workforce.
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Headline data: COVID covered
COVID-19 impacts figures but massively outweighed by Sprint deal and tempered in Europe by NatCo resilience. Group juggernaut rolls on as all key forecasts comfortably surpassed. Höttges goes NSFW to stress DT’s outsized strength versus atrophying European rivals.
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Guidance: all levers set to growth mode
Earnings growth expected from both US- and Europe-side businesses. Sprint-boosted revenue base forecast for further expansion. TMUS to fuel revival from cash flow dip.
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TDE moves into next phase of 5G journey with SA call
Telekom Deutschland conducts 5G SA video call between antenna-site near Munich to Bonn. Recorded latency times of 13ms. Nemat views the tech as essential if network slicing and edge computing are to realise full 5G potential.
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Strategy & Change
Q4 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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Sievert, Ray gloat after C-Band auction
Execs claim AT&T and Verizon still playing 5G catch-up after “spending tens of billions of dollars they didn’t have”. NatCo’s Virtual Analyst Day emphasises much higher deployment costs facing rivals if aiming for “meaningful nationwide coverage” with newly-acquired 3.7GHz assets. Ray estimates TMUS’s cost per 5G GB could be ...
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Suppliers & SCM
Rimini Street brought in to address TMUS SAP overspend
Contract tackling support shortfall on inventory management and financial reporting.
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Strategy & Change
Elsewhere 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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Strategy & Change
Deutsche 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&A
T-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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Deutsche 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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Sievert 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 & Change
Elsewhere in T-Mobile US: 5G FWA incoming
TMUS takes R&D looks into agricultural use-cases and immersive tech.
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Elsewhere in T-Mobile US: politics, security, and 5G
T-Mobile US plugs 5G into racing drones.
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Deutsche 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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C-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 & Infrastructure
T-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 & Infrastructure
T-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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M&A
Viasat 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&A
T-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.