T-Mobile gets OK to buy carrier
38955
T-Mobile USA, the nation's fourth-largest cell phone carrier, has received approval for its $2.4 billion purchase of SunCom Wireless, a regional carrier that primarily serves the southeastern United States.
114924
The U.S. sale of airwaves for  advanced wireless services grossed a record $13.9 billion when  it ended on Monday, and spectrum-hungry U.S. wireless carrier  T-Mobile USA topped the bidding by offering almost $4.2 billion  for 120 licenses.
467199
T-Mobile USA, owned by Deutsche  Telekom AG , said on Tuesday it would offer unlimited  text messaging and voice calls for $99.99 a month, starting on  Thursday February 21.
700113
Deutsche Telekom, the parent company of T-Mobile USA, said Monday it had agreed to acquire Southeastern US carrier SunCom for $1.6 billion USD in cash.
185750
The board of Telecom Italia SPA on Tuesday approved a plan to buy up the rest of what it doesn&#39;t own of lucrative mobile phone unit Telecom Italia Mobile SpA.
164536
The Wall Street Journal is reporting that Vodafone has given Verizon Wireless the green-light to make a bid to buy Sprint. &quot;Verizon Communications Inc.
250471
(InfoWorld) - T-Mobile USA Inc. is moving into 3G (third-generation) mobile services with Nokia Corp. and Telefonaktiebolaget LM Ericsson as major equipment suppliers. The fourth-largest U.S. mobile operator is the last of the major operators to deploy 3G but secured a big chunk of radio spectrum in the U.S. Federal Communications Commission's AWS (Advanced Wireless Services) auction in September. It bid almost US$4.2 billion for 120 frequency licenses around the country. T-Mobile started rolling out its WCDMA (Wideband Code Division Multiple Access) network during this quarter and will continue it through 2007 and 2008, according to the company. In New York, the deployment is already half finished. Nokia will provide small, modular base stations called the Nokia Flexi WCDMA Base Station, making T-Mobile the first U.S. carrier to use them, Nokia said. The contract depends on T-Mobile completing its acquisition of the spectrum. WCDMA delivers an average downlink speed of about 400K bps (bits per second) and the Nokia Flexi base stations can be upgraded to support Nokia's HSPA (High-Speed Packet Access) technology, according to Nokia spokeswoman Chantal Boeckman. HSPA includes both HSDPA (High-speed Downlink Packet Access) and HSUPA (High-speed Uplink Packet Access), with downlink speed as high as 14.4M bps and uplinks as fast as 5.8M bps, Nokia said. The company has already supplied HSPA gear to T-Mobile operators in Germany, the U.K. and the Netherlands. T-Mobile is a member of the T-Mobile International group, the mobile division of Germany's Deutsche Telekom AG. Meanwhile, Ericsson has signed on as T-Mobile's main radio provider in certain markets, including New York, and to provide services including network planning, installation and testing. That deal also relies on the carrier getting its new spectrum licenses.
622098
Alltel Corp., the sixth biggest U.S. cellular carrier, has agreed to buy Western Wireless Corp., a Northwest regional carrier which owns the Cellular One brand, for about $4.4 billion in cash and stock.
439648
U.S. regulators are set to give Cingular Wireless final approval for its &#36;41 billion purchase of AT&T Wireless Services Inc.  on Monday, on condition that it sells assets including wireless airwaves in more than 16 markets, according to a source close to the deal.
251483
Cingular said it closed its &#36;41 billion purchase AT&amp;T Wireless on Tuesday. Cingular received approval for the deal earlier in the day from the Federal Communications Commission. The Department of Justice approved the acquisition on Monday.
50416
December 16, 2004 -- Sprint Corp. agreed to buy Nextel Communications Inc. for about $35 billion in a transaction that would leave three companies in control of 70 percent of the US mobile-telephone market.
759636
US antitrust regulators have approved the $41 billion purchase of Redmond-based AT&amp;T Wireless Services Inc. by Cingular Wireless LLC, the Associated Press and Reuters have reported.
586056
(InfoWorld) - Expanding its U.S. turf, T-Mobile USA announced Monday that it will buy SunCom Wireless Holdings for $2.4 billion in cash and assumed debt. T-Mobile, a subsidiary of Deutsche Telekom, will make a cash payment of about $1.6 billion for SunCom, which operates wireless networks in the southeastern U.S. and Caribbean. The acquisition will improve T-Mobile's network coverage in North Carolina, South Carolina, Tennessee, Georgia, Puerto Rico, and the U.S. Virgin Islands, T-Mobile said in a news release. SunCom has provided roaming service to T-Mobile in these areas since 2004. It operates a network that includes GSM (Global System for Mobile Communications), GPRS (General Packet Radio Service) and EDGE (Enhanced Data Rates for GSM Evolution). T-Mobile expects to fully integrate SunCom's network into its own, the company said in a news release. T-Mobile, the fourth largest wireless carrier in the U.S., has had limited coverage in parts of the southeastern U.S. The SunCom acquisition allows T-Mobile to continue its strategy to "grow abroad with mobile," RenÃ© Obermann, chairman of Deutsche Telekom's board, said in a statement. The acquisition is subject to governmental and regulatory approvals as well as approval by SunCom shareholders. The companies expect the deal to close in the first half of 2008. At the end of the second quarter of 2007, SunCom had more than 1.1 million customers, up by more than 105,000 customers from a year earlier. Its revenue for the quarter was $242.5 million, up from $206.7 million a year earlier. The agreement, approved by the boards of both companies, will give holders of SunCom common stock $27 per share in cash. The $27 per share purchase price represents a premium of 22.7 percent over the closing price of SunCom common stock on the New York Stock Exchange Friday.
107701
T-Mobile may announce its plans to transition to UMTS as early as Friday, according to press reports. The carrier is one of the last major U.S. cell providers yet to launch or have planned its 3G rollout.
718464
Deutsche Telekom mobile phone division T-Mobile USA has agreed to buy SunCom Wireless Holdings Inc for about $1.6 billion, the companies said on Monday.
708474
Alltel Corp. shareholders overwhelmingly approved a $24.7 billion buyout Wednesday that put the wireless company in the hands of two private investor groups.
97152
Sprint has agreed to buy mobile telephone company Nextel Communications in a deal worth $35.17 billion, combining the No. 3 and No. 5 U.S. wireless carriers and creating a new company with about 40 million customers.