Deutsche Tele offers â¬3 bn to buy back T-Online
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BONN: Deutsche Telekom is bidding â¬2.9 bn for the 26% it does not own in T-Online International, pulling the internet service back into the fold four years after selling stock to the public.
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InfoWorld - The T-Mobile brand could soon be coming to a market near you. As part of a strategy to revive profits, Deutsche Telekom&#160;intends to expand its T-Mobile cellular business in markets in which the German telecommunications group is already offering fixed-line services and possibly in entirely new markets, the company said Thursday.
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Merger with T-Mobile on the cards? Deutsche Telekom is close to making a â¬1.6bn ($2.2bn) bid for mobile operator Orange Netherlands - owned by France Telecom.â¦
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Deutsche Telekom&#39;s (DTEGn.DE) mobile  phone unit T-Mobile clinched a deal to bring Apple Inc&#39;s iPhone  handset to Germany, according to a report in a German daily.
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(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.
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The Dutch navigation systems company said it plans to make a cash offer of 21.25 euro per share for digital map supplier Tele Atlas, valuing the company at 2 billion euros ($2.76 billion).
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German telecommunications giant Deutsche Telekom said Wednesday that it has no plans to sell its IT services unit T-Systems, but are looking for a partner to expand the subsidiary&#39;s international presence.
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Telecom Italia SpA has taken time off from a reorganization that has plunged the country's politics into turmoil by paying 675m euros ($870m) cash for Time Warner's AOL Germany internet access business in a deal that will make it Germany's second largest ISP.
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Telecommunications giant Telstra Corp. on Monday revealed details of a 750 million Australian dollar (US$532 million) share buyback that is part of a three-year plan to increase the value of its stock.
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Benvenuto caloroso Telecom Italia is to acquire the Internet-access business of AOL in Germany for â¬675m. The companies expect to complete the transaction in four to six months, after receiving the customary regulatory approvals.â¦
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This is a near perfect solution for Internet users in Germany. With a lot of competition for subscribers, T-Online customers can have a DSL line for â¬3.99 per month.
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Deutsche Telekom, the German telecommunications giant, indicated for the first time that it is considering reintegrating its publicly listed Internet arm, T-Online.
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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.
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As previously reported, Deutsche Telekom announced Friday at a press conference in New York that it would begin transitioning the T-Mobile USA network to UMTS this quarter, costing the company $2.7 billion through 2009.
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T-Mobile won the bid at the last minute from Europe's largest mobile operator, Vodafone.
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As an incentive to buy broadband from BT, the telco is offering free calls via the internet.
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T-Online, Europe's leading Internet services provider, said it planned to pay a dividend for the first time after it swung to its first-ever year-end profit last year.